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


To: Taylorm. who wrote (622)2/10/1998 7:02:00 PM
From: Richnorth  Respond to of 1030
 
Thanks for posting from Jay Taylors Gold Stock Hotline regarding

COMMENTS ON VSE HALT OF GMD RESOURCES & LMX RESOURCES.

IMHO, your post is a very timely post for those who are new to the Vancouver Stock Market. I wish to take this opportunity to give an URL for Jay Taylor's article entitled,

Investor Perils from Canadian Short Sales and Media Disinformation accessible at

kjmcap.com



To: Taylorm. who wrote (622)2/11/1998 3:20:00 PM
From: VAUGHN  Read Replies (4) | Respond to of 1030
 
Hello Taylorm

I don't know who JT is but what a pile of self serving crap.

How have the shareholders been hurt by Mr. Farrell's actions?

Well aside from the floor being sold out from under them;

1. Two unsecured loans to companies who's activities do not further GMD shareholders equity.

2. No guarantee loans (share holder equity) will be repaid (restored).

3. A lack of funds otherwise slated for the development of, and exploration towards, shareholder equity appreciation.

4. Cancellation of planned 1998 exploration activities.

5. Loss of GMD's developing stature as a "clean" play with long term potential.

6. Penalization of any future attempt by GMD to raise capital.

7. Cancellation of any near term likelihood of the possibility of putting Discovery into production in-house.

Need I go on.

Regards