Global Diamond (GDRS) Message Board

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Gold/Mining/Energy : Global Diamond (GDRS)

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To: Mervyn McCulloch who wrote (11)	1/9/1997 10:29:00 AM
From: Michael Chusid	of 88

Dear Mervyn, Thank you for explaining the accounting philosophy. I like the fact that you're taking such a conservative approach. It indicates that this will not be a stock that runs up on pure speculation and is susceptible to a sudden, violent collapse in the share price. It also seems to indicate that when reserves are proven the balance sheet should show a dramatic improvement. Anything else I should know about the financials of the company? I have purchased shares, and am considering the purchase of more. Thanks, Mike

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