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

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To: Steven Brates who wrote (131)3/15/1997 10:42:00 PM
From: Richnorth   of 308
 
To Steven Brates:

In the Dec '96 issue of the Int'l Speculator, Doug Casey wrote:
"I attribute the weakness of the stock (GRM) to management, not geology. Incidentally, there are two new underwritings (Sur America and Corona) coming out shortly that hold ground in the Marmato area. Both should be bought near the offering price. The bottom line is that Gran Colombia remains a favorite of mine, although it hasn't performed well (416 955 4554)."

The Int'l Speculator is a very good newsletter as far as I am concerned. Some of my buddies have downgraded it somewhat because these days it tends to stray away from gold issues and it has been late in arriving. For example, I received my December '96 issue only in February '97. Doug Casey, however, has promised to play catchup. The delay was attributed to his frequent travels abroad.

I am pleased with it because it has helped me make money on gold stocks last year.

Richnorth
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