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

To: Richnorth who wrote (581)	2/5/1998 5:06:00 PM
From: Goldy	Read Replies (1) \| Respond to of 1030

Richnorth: I hope you're correct, but let's be 'honest' here about your six 'P's: People - the last management team was less than stellar. Property - many miles to go before proving anything. While I go for 'hype' as much as the next guy, the probability of betting on a 'hit' by proximity to other mines is not well proven, to date. (PH) Financing - (cute use of PH!....this is looking pretty 'iffy' right now' Paper - again very 'iffy' Promotion - was pretty good until Bre-X sucked the breath out of most juniors - now the promo is on diamonds, as gold temporarily lost its glitter Politics - no problems yet, but land claims may be an issue later on, although this is the least of your problems should the drilling hit I'm not trying to put a damper on your analysis, but I'd speculate the stock will drop before this latest intrigue becomes forgotten, and speculation again can be capitilized on, as my info says we're a LONG way from anything even close to probable, let alone provable I am curious as to what this play does when it reopens, as my bets on DOWN. I'm sure not convinced there's anything deserving of current value. Just MHO, but good luck, regardless!