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Gold/Mining/Energy : Exall Resources/Glimmer Resources
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To: James N. Wilson who wrote (547)4/11/1998 11:52:00 AM
From: CLK  Read Replies (1) of 1319
 
I would question the shares issued on GME which I have been told every time I have called them are over 7 million out not 5.3..that is probably fd but still you need to use the larger number to be conservative. I have and still am following GME which has some appeal but there always seems to be something wrong and I have just assumed it is all the legal hassles that is what is wrong with this picture. One wonders however if there is more wrong because the legal hassle will eventually be worked out. Can anyone tell me what other problems like lurking if any in this picture? So far I see three: 1. A misleading use of the lower number of shares by most who talk of the play, 2. Legal mess that seems interminable, and 3. Lack of promotion. On the positive side it is an undervalued producer at the beginning of a gold rally in a stable location with high grade. This remains an interesting proposition imo.
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