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Gold/Mining/Energy : GRAYD RESOURCES: GYD/VSE -- Ignore unavailable to you. Want to Upgrade?

To: Stew who wrote (35)	8/16/1998 10:40:00 PM
From: G.T.	Read Replies (1) \| Respond to of 58

Stew, best to watch Hi stew, have been watching for several months. Grayd has returned mixed results to date. Company has several good properties and decent amount of cash. Company will need higher grades to justify continued drilling on current property. In this market speculators are not being rewarded. Until gold can break it's down trend fear will continue to control this sector. Look to nibble at junior producers at these low prices, they will be the first to move when gold turns up.