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Gold/Mining/Energy : Gran Colombia Resources Inc (TSE.GRM)
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To: Janice Casolino who wrote (94)2/19/1997 10:44:00 AM
From: chevalier   of 308
 
Janice,

Grm is a questionable investment at this point with real upside however. There is no doubt that they are sitting on a large reserve. This will take time to prove up. Any near term excitement should be provided by Conquistador which the operator of the underground deposit on the Marmato property. It is estimated to host several million ounces and importantly because it is underground the grades should be higher. I am very unhappy with the promotional aspects of Gran Colombia. They do not push the stock at all. Conquistador are much better promoters. Nevertheless, both have very real elephant size properties in their portfolio's so I guess it's anyones call as to which is the better by at present.
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