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Gold/Mining/Energy : Greenstone Resources GRE.T or GRERF OTC -- Ignore unavailable to you. Want to Upgrade?

To: Stephen O who wrote (926)	7/23/1999 11:43:00 AM
From: EZbeliever	Read Replies (1) \| Respond to of 1005

Stephen O .... That is my plan! However, Tom Cat is highly optimistic with his one month prediction. As for BHK, it will happen. Only a matter of when. Plan to be there when it does. EZ

To: Stephen O who wrote (926)	7/24/1999 9:32:00 PM
From: Steve Johnston	Respond to of 1005

I couldn't agree more, Stephen. Any junior gold miner is risky at today's POG, but at least Black Hawk is not facing imminent bankruptcy. If the GRE debt holders don't get their next interest payment, they might force the company into CCAA/Chapter 11 protection, after which, current common shareholders may be left with nothing but a ton of wallpaper. On the other hand, if they scrape together enough cash to meet this deadline (sometime in August I think?) they have, at the very least, "dodged a bullet", and bought themselves more time to gather some cash, especially if gold prices come back soon. By the way, I own both GRE and BHK, I just like BHK better right now. They, at least have some brokerage firms rating them HOLD or Speculative BUY. Regards.