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

To: Richnorth who wrote (598)	2/7/1998 12:56:00 PM
From: Walt	Read Replies (3) \| Respond to of 1030

Thr Royce group could be farmed out to a company already in the Diamond exploration buisness, this would give GMD a cash flow in the form of option payments and a carried interest. The Gold property would be better to kept untill gold prices recover, unless they could find a good jv partner. Alot will depend on the new management team and when it gets put in place. regards Walt

To: Richnorth who wrote (598)	2/7/1998 1:29:00 PM
From: lloyd lush	Read Replies (1) \| Respond to of 1030

GMD advisory board,Micheal Ballantyne,former justice minister & speaker of the house, Gordon Wray,former minister of economic development and is now head of the water board, Brian Weir is a very successful local geologist.Do you think those guy's would fool around with as a lot of people are saying a bunch of criminals i certainly dont't think so, thay are long outstanding northern people ,who have devoted a great lot of their time in the north.I think with DR.DAVID WEBB & the new board of director's GMD will do good only the director's have changed not the property.As for don farell i have made a few of trips to the discovery with don and GMD investors,walking the property watching the drill core comming out of the ground.He has worked very hard for GMD sh.holders,he made a mistake and he's paying the price so lets put this behind us and give those guy's a change. Some people say that GMD will open at 5c, thay do not own sh.in,but would like to get some at 5c.I have sh at 50c and i might sell some at 6.00 to 7.00.With some of the investors that have seen the property what do you think your comment's please.