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Gold/Mining/Energy : Goldminco Consolidated Mining Corp. GMC (was GMO)
GMO 0.01210.0%Jan 21 4:00 PM EST

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To: Eric Rojas who wrote (257)3/15/1997 11:39:00 AM
From: Daytek77   of 588
 
Eric

You are mixing soil samples with trenching results. All the trenching reults have been outstanding and the most recent discovery called "Alaska" which is the northermost discovery along a 15 km fault is the best to date. The soil samples are 4-5 times higher than at North Posie which produced excellent trench results. Second this part of the world experiences an intense "wet season" from December to March approximately. The weather seems to have cleared and there are 2 drill rigs ready to go. It will take about 2 to 3 weeks for the area to dry out so drilling should commence in a months time at the latest. As you know stocks start moving ahead of actual drilling so I would anticipate sometime in the next few weeks you will see some price movement.

All the best

Tony
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