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Gold/Mining/Energy : Greenstone (GRERF) -- Ignore unavailable to you. Want to Upgrade?

To: Mr Metals who wrote (53)	7/20/1998 2:24:00 PM
From: Daytek77	Read Replies (2) \| Respond to of 138

Mr Metals I would like to respond to a few of your concerns wiht some questions of my own. First you state: "As for the second part of your response - I, quite frankly, have my doubts about the current management team, and how prompt / comprehensive any disclosure might in fact be." What prompts you to say this? Has management been unreasonably tardy on many issues? If so what are they? There are delays in building anything. You mention that management is not forthcoming with respect to news events. Lets have some facts please and not generalities. With respect to money. Most companies cannot give you an exact amount. some will give you a ball park number. However having to wait three months to find out isn't that big a deal for most. Second. You mentioned "As for the stock price, perhaps my question was not clear enough - it's the decline from $10 in early April to $5 or so in early July that has me concerned. It would be nice to hear something from management about what factors caused this downward trend..." I looked at some other mid-size producers and surprise, surprise they did not fair much better. Here is a small list: From Early April to July Agnico Eagle $ 11 - $7 Dayton Mining $ $2 1/2 - $0.80 Goldcorp $ 9 - $6.5 Golden Knight $2 - $0.75 IAM Gold $5.75 - $3.40 Kinross $7 - $4.50 Some faired better some worse. I dont see anything in the decline that is specific to Greenstone. Finally Gold Shows. Where do you get the idea that Greenstone is hanging their heads and saying woe is me. The last quarterly release stated they were confident that 1998 exit gold volumes would be according to plan. I am sure they are conveying this message to their corporate clients and the analysts/brokers who follow the company. My friend in these days it is not worthwhile to cater to the legions of small investors who I must disagree with you are not investing in the gold sector. Last week I read where VSE and ASE volume where 50 -60% below where they were last year and Finally I bring you back to SI. Go through the various threads and if you were around think back 1 1/2 to 2 years ago there is no comparison. When people are investing in a sector they talk about it and they are not talking about Gold. Cheers Tony

To: Mr Metals who wrote (53)	8/14/1998 7:26:00 PM
From: todd wiseman	Read Replies (1) \| Respond to of 138

Mr Metals, The dispute over payment of a contractor seems to be a none issue! Greenstone needs the machinery to continue mining, and the contractor will not want to pull its equipment out of the middle of a forest(jungle) if it took months to get it there. Some sort of compermize will be reached. Would you or anyone else on this thread know the short position on GRE? If GRE is being shorted over a dispute,it will bounce back rather quickly. I put in a call to IR today,am hoping to get a return call, have some questions regarding Santa Elena. If i get in touch will post what i find out. Todd,