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Gold/Mining/Energy : Golden Thunder -VSE:GTH- Arizona Desert Gold
GTH 4.025+0.1%Mar 28 5:00 PM EST

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To: Dave V who wrote (110)3/3/1998 8:13:00 AM
From: Richard Mazzarella  Read Replies (1) of 152
 
Dave, ***Off Topic***

Yes, I still follow MGAU and have a long position. I think that the IPM troubles have management cautious about saying anything that suggests hype which hasn't been be verified. There is a remote possibility that MGAU stock price could get hit if IPM is forced to sell their holdings in MGAU for funds. However, it's also possible that MGAU has the exclusive rights to the largest gold deposit in North America. Very high risk with very high potential reward. IMO, don't bet the farm. I am much more confident about MXAM where the stock could begin to fly soon for fundamental reasons.
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