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Gold/Mining/Energy : GMD RESOURCE
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To: Taylorm. who wrote (622)2/11/1998 3:20:00 PM
From: VAUGHN  Read Replies (4) of 1030
 
Hello Taylorm

I don't know who JT is but what a pile of self serving crap.

How have the shareholders been hurt by Mr. Farrell's actions?

Well aside from the floor being sold out from under them;

1. Two unsecured loans to companies who's activities do not further GMD shareholders equity.

2. No guarantee loans (share holder equity) will be repaid (restored).

3. A lack of funds otherwise slated for the development of, and exploration towards, shareholder equity appreciation.

4. Cancellation of planned 1998 exploration activities.

5. Loss of GMD's developing stature as a "clean" play with long term potential.

6. Penalization of any future attempt by GMD to raise capital.

7. Cancellation of any near term likelihood of the possibility of putting Discovery into production in-house.

Need I go on.

Regards
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