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Gold/Mining/Energy : Gran Colombia Resources Inc (TSE.GRM)

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To: Kenith Lee who wrote (86)1/19/1997 8:14:00 PM
From: Michael Brody   of 308
 
Ken,
The underground adit results support the general theory of the
deposit w/o problem. The goal for that "resource block" is 100
million tonnes. I think they will have no problem proving it. The
deposit should get richer as they move to the west. Study this one
carefully Ken. It is severely undervalued !!! It will be at least a
five bagger or more over the next 6 mos.-1 year. If Au prices were
back where they were it would already be well on its way. Lower
grade large tonnage deposits are being forced to drill more to
convince the market. Take BGO as another example. Incredibly
undervalued imo not only on technical basis but fundamental grounds
as well. Great to be there now so when proper valuation is reassumed
mucho money will be forthcoming.
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