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


To: ddl who wrote (845)1/29/1999 9:37:00 AM
From: Dave R. Webb  Read Replies (1) | Respond to of 1030
 
Yes Denis, I am a director of GMD. I can only tell you what is already public, or expand on something that isn't very clear.

The Company's financial status is fully disclosed in the audited financials that have been mailed out, and updated in the subsequent quarterly.

In really round numbers. The money on hand, plus the financing announced a few weeks back will give the Company enough money to easily complete a really top notch geophysical program with cash left over, or a pretty basic geophysical program and a basic drill program. It would be nice to have a Cadillac, but then, .....

Dave