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

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To: Jimsy who wrote (260)4/23/1999 11:45:00 AM
From: keith massey   of 308
 
For reference sake..from the last Sedar report

Shares out 35 million
Cash on hand $12 million
Cash loan to BVG $1.5 million. BVG has enough money to pay back this loan with their current mining operation.

That is a lot of cash to do an internet deal with. So far all of the mining companies that have gone into the internet arena have done it with next to no cash. I am in yesterday at .43 and more today at .60. It is going to take an announcement to get this ball really rolling but I am going to take a risk.

Best Regards
KEITH
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