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Gold/Mining/Energy : Goldbelt Resources (GDB.V) - anyone follow this ?

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To: Bobby Yellin who wrote (1)1/10/1997 5:06:00 PM
From: dan wynne   of 44
 
yes, on paper they are undervalued. however, i recently did a spread on them, armada, and kazakstan gold - ie, the area play. guess what - they ALL came up highly undervalued. i think the larger financial players put serious discount on explorers whose properties are all ex CCCP.
i do know that they let their PR contract with London-Taylor expire on 12/31 - with good reason, it was not benefitting them.
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