Hey, UPTICK,
  Several reasons:
  1. Malcom Stevens is a super and powerful promoter and he has excellent team, the record has proved for itself, in 1991, MGD  did exactly the same thing PP  re-finanicing, the stocks option then NR No.1   then No.2  then NO.3...   In January, 1991 to April 1991  in four months MGD from .20 cents to $4.50.  Isn't this very simple that History repeats by itself??????
  2. MS and his teams set a very aggressive promotion agenda namely IT business like today's NR  some sort of IT Billing software some thing like GFX  wirless banking stuff, {BTW GFX  has huge rally, too. same stuff same price action.}
   Futher on the agenda is MGD will continues to accquire and expand IT business some thing like wireless networking or communication B2B application, as Mstevens and his excellent teams have actually raised working capitals around $5,000,000 CD, this figure can not be ignored at all.
  That is why it has greates potential MGD.
  Also MGD has highly potential gold properties i.e. Z-properties, assay result is expected to come within days.  Maybe some visible gold in the assay.  IMHO!  Management also hot, too.
  Price action in these few days suggests indeed MGD is  just doing great, hit one run {ACT I of new hi to .33}  then second run of New HI @.75   then as NR NO.2  NR No.3    .... and more expansion you see.
  3. Price action, Raising $5,000,000 working capitals, very aggressive promtion themes, doing the right business IT business [two or more to be acquired, very highly potential } Good promoters and excellent teams, and proven records make declare that MGD is one the best IT  and gold Stock for this centry.  THat is why I called MGD  the most beautiful DARK BLACK Horse.
  Go figure.
  John Paquet
  I have been buying very aggressively since it was .03.
  And I will buy and buy and buy more and more. |