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Gold/Mining/Energy : GMD RESOURCE -- Ignore unavailable to you. Want to Upgrade?


To: bill who wrote (524)1/29/1998 10:24:00 AM
From: VAUGHN  Read Replies (1) | Respond to of 1030
 
Hello Bill

No idea and this is just a guess, but if it isn't a supporter with deep pockets, could it be GMD its self supporting its stock with its treasury in the face of a shareholder exodus.

Strategically it would give the play the appearance of support and staying power.

I am not an expert on these matters, would management need AGM approval to institute a share buy back program?

Food for thought in the absence of site progress news.

Regards

PS. It would be nice to see the share price ride a bit of the markets new found enthusiasm for AU. See ELD's new legs?