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Gold/Mining/Energy : GMD RESOURCE
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To: VAUGHN who wrote (674)3/12/1998 3:25:00 PM
From: Richnorth  Read Replies (2) of 1030
 
I haven't heard any news from Toronto so far.

However, I just talked to Clayton McMeekin at 1 800 808 3350. He said he and one Daniel, now of (McMeekin & Daniel Associates), have been

contracted to do promo work for GMD;
that the Due Diligence and an audit are proceeding very well;
that the DD is likely to be completed anytime now;
and that once DD is over and a complete Board of Directors is established, the stock would very likely to move higher.

Elsewhere, at the GMD Forum, someone posted that GMD had indeed signed a confidentiality agreement with a major. However, I am still not clear whether this pertains to the gold or the 'diamond' property.

Cheers!

Richnorth
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