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Gold/Mining/Energy : kazakstan goldfields symbol kgfc

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To: roger fontaine who wrote (107)	5/15/1997 8:08:00 PM
From: Jesse	of 367

Today's Central Asia Goldfield's news out of Kazakstan is v.good, and can be found here (CGZ owns approx. 22% of KGFC's shares, and has a carried interst in 25% of them): newswire.ca Further, the 'source' commented again today at the Stockhouse Insider Report site, as follows: stockhouse.com Central Asia Goldfields [CGZ.M] & Kazakstan Goldfields [KGFC.CDN] CGZ looked quite good today, trading up $0.07 to close at $0.75. The stock traded 144,503 shares but the bid was constantly getting hit at $0.75, mostly by Canaccord. As was the case in the last two major CGZ run-ups, we are happy to see just 'one' major seller. When there is numerous major sellers then there may be a problem. But, when it is just one, you can feel relatively confident that once that person/group is sold out, the stock will move quite quickly. CGZ had a good news release today... They had more results on the Raigorodok North prospect. Results of hole 14, located on the west fence of step-out holes, returned an average of 1.9 grams of gold per tonne over 108 meters beginning at a depth of 18.7 meters. This is very encouraging as the widths are quite large. - - - - - And our own insightful Cussy's words can be read here (scroll down to KGFC): stockhouse.com

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