GMD RESOURCE Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : GMD RESOURCE

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: VAUGHN who wrote (898)	4/20/1999 11:26:00 AM
From: Dave R. Webb	Read Replies (2) of 1030

Vaughn, you're absolutely right…it is inconceivable (and very suspicious) that the market would move from $0.24 to $0.70 on no news. GMD was last around $0.24 on February 11. In early February some preliminary till sampling results (spectacular) were released. A release in early March announced the closing of a half million dollar financing, and another release in the middle of March announcing the final till sampling results confirming the excellent chemistries. Perhaps someone read these results, or actually did the due diligence to follow-up what these results could mean. The company has prepared some one page reports to make this information clearer to anyone who wishes, comparing the Royce Group chemistries to that reported from the Ekati diamond mine of Diamet/BHP. I don't doubt that the delay in proceeding with the ground geophysics phase of the Royce Group work has caused some well founded speculation. Sorry the Company doesn't deny nor confirm much of the speculation, but that is all the Company can do right now. As well, a lot of the long term shareholders HAVE got a lot of faith in the Company's properties. Dave

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next