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Gold/Mining/Energy : Exall Resources/Glimmer Resources
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To: Winzer who wrote (740)12/29/1998 9:02:00 PM
From: CLK  Read Replies (1) of 1319
 
Any further insights into why GME shows no earnings despite production. I asked the folks at the company and did not get a clear answer to my question. That troubles me but I suppose it means that expenses need to be paid back first although from what I think I heard, they think they should be being paid now but Exall will not release the money. That is not a quote but an interpretation of what I think they were sort of saying. In any case, this is a very critical issue because I have seen companies in GME's position run out or strung out for years and never see a penny and then it all gets tied up in litigation and poof..gone. So this answer is important to all those who would like to buy a junior producer as I would but have not been able to find a real gem. This has the potential but still lacks clarity.
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