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Gold/Mining/Energy : GMD RESOURCE

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To: VAUGHN who wrote (815)	11/3/1998 10:55:00 AM
From: Dave R. Webb	Read Replies (2) of 1030

Vaughn Your closing comment centers around how (or when) GMD is going to make a commitment to drill. That is kind of like asking a company when they're going to complete a take over, once they've announced they've started a due diligence. In GMD's case, the news looks favourable, the results continue to support the supposition that diamond-bearing kimberlite occurs on the Royce Group property. To make any definitive statement on drilling during the assessment of the targets would be premature. The results will be evaluated, and the decision will stem from these data incorporating all previous results. The timing will be ASAP, with a strong push on the S. Dave

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