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Gold/Mining/Energy : St. Jude Resources......V.SJD

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To: Keiko who started this subject9/26/2000 9:20:32 PM
From: bill718  Read Replies (1) of 3065
 
MGB Plastics, more...

Re. the plastics deal... ( press release at:
sedar.com )

I found something about MGB I thought I'd point out:
doc.gov

If the U.S. Department of Commerce has decided to give MGB a grant, then I am thinking this business must have at least some potential in their eyes else they wouldn't be forking over any cash.

Further, if the local economy is depressed then maybe an interest in MGB was obtained at depressed prices relative to what it should really be worth, & hence the deal. Also, labour should be cheap which should bode well for financials provided they can move product.

Comments anyone? I am thinking that at .46 this stock is a bargain, especially when considering the cash this company is still sitting on.... and I like the plastics deal so far.
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