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

To: Richnorth who wrote (915)	5/16/1999 7:12:00 AM
From: David Rowe	Read Replies (1) \| Respond to of 1030

"By the way, it is a relatively safe proposition speculating in GMD shares acquired for 25 cents and under. Of course, moderation is the watchword!" "Of course, one can't always win: Somebody's got to win, somebody's got to lose." You know, I have been quietly following GMD for three years, firstly, out of speculative interest and lately out of morbid curiosity. Heck, I even made some money! I am one of a select few in that boat among my acquaintances. Your quote above unwittingly summarizes why many people are upset with the company and certain individuals and I can't bite my tongue hard enough to keep me from replying. The investment of others in GMD was used for someone elses personal gain and as far as I can tell, some individuals pretty much survived last years fiasco in better shape than they went in. I don't think people generally mind winners and losers, when they believe they had a fighting chance to begin with. Many of my acquaintances were baited with assurances that their advisors knew what was happening with the company and it was going to be big. Theses advisors were either dead on and made themselves a bundle (at their clients expense) or they had no idea what was going on. In either event, they can no longer be trusted IMHO. If it is 'relatively safe' speculating in GMD at $.25, what do you suggest to my relatives, neighbours and friends who are 'speculating' in GMD at $1.80, or $2.50 or $4.40. IMO They were victims of a serious breach of trust, on the part of GMD management and their advisors. What I keep hearing on this forum and what your comments seem to be saying is "Hey, I know you had the S*&t kicked out of you and you're probably still trying to heal from the beating you were given, but get over it and let management be your buddy" Personally, I wouldn't trust anyone who touts this company. Anyone who questions the speculation and information presented on this forum is probably working on some hard earned lessons. Stop asking questions and Get over it? For their sake, I hope they don't. Dave