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Gold/Mining/Energy : GMD RESOURCE
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To: Dave R. Webb who wrote (865)2/18/1999 2:27:00 PM
From: VAUGHN  Read Replies (1) of 1030
 
Hello Dave

You are partially right of course, but the none-techno types more often than not take their cues from the techno types anyway. So if some tout sheet picks up on GMD it is in part because of what the geobabble data suggests. Adjectives are a waste of time with any who remotely know anything about diamond exploration and for that matter with most of us techno nerds.

The other point in this area is more troubling.

So many juniors have put out BS and techno NR's that suggest great things which they do not back up with results or at least field activity, that many junior investors are gun shy and distrustful when the terms you referenced start flowing.

The I-Net remarkably is an increasing and far reaching source of information, exchange of opinions and consensus. I would not right off too quickly the impact the attention of a few techno nerds might have on the value of a junior. It pays to cultivate believers and back it up with performance. The word can be got out remarkably fast these days. But give yourself a reputation of another ilk, and you can be very quickly relegated to the so what pile.

Like I have said repeatedly Dave, GMD may finally feel all its ducks are lined up by July, but I doubt the junior diamond speculative market will give a s..t that time of year, at least not as much as it would in March.

That may not matter a damn to management if you have the deep pockets to draw on you suggest, but it sure as hell tells small shareholders where management ranks their concerns.

Regards
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