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Gold/Mining/Energy : Magnesium Alloy Corp. (MGAC.U - Cdn unlisted)

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To: GlobalMarine who wrote (39)8/4/1998 10:43:00 AM
From: Ron Everest   of 103
 
Rand and All:

I was able to talk to a geologist at MGAC.U this morning. Appears that the CDN (Canadian Dealer Network - the OTC exchange) issued the Halt and Resume 7/31. The CDN it would appear thought that the news from the Democratic Republic of Congo (some type of coup) affected MGAC.U where in fact MGAC.U does NOT opperate in DRofC but does operate in the Republic of Congo.

The company or CDN will likely have a news release to clarify this later today.

Best regards,
Ron
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