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

To: David Rowe who wrote (916)	5/16/1999 9:49:00 PM
From: Ben Jaded	Respond to of 1030

Dave I agree with you whole heartedly. Maybe I got shaken out, but I recently closed out my position in GMD. I made good profit because my average share price was 0.20. What ticks me off is that I also followed this company for a few years and was cautious and patient enough not to get caught up in the previous higher-priced buying. After it formed a long base and I still liked the prospects of the company, I finally decided to buy some shares. Now, normally I wouldn't close out at such a low average share price. I would either just hope for the best or else sell a few more shares, get my entire investment back and be left with a bunch of freebie shares. However, I figured that I'd be better off with the money than free (worthless ?) shares. I really hated to close out, but I have lost all faith in management with their slimey repricing of options and history of hide-and-go-seek news releases. For the sake of the other shareholders, I hope I made the wrong decision (!!!) and I still intend to monitor the situation. All the best, Ben Jaded