Magin Energy-MGY on TSE Message Board

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Gold/Mining/Energy : Magin Energy-MGY on TSE

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To: kingfisher who wrote (80)	11/14/2000 7:10:45 PM
From: The Fix	of 92

Did you listen to the conference call? Loved the NAV with Copton in......$6 to $7 Cdn. The Co. is putting all it's eggs into Copton for start up of Feb. 1. I hated the % of Dusters in this NR. Someone from Nesbutt Knew......they Walked it down....Crossed a Wack of paper at $2.50 Cdn. and have been unloading anything above $2.60. I'm not to thrilled with Mgt's attitude towards hedging NG next year, they want Copton to flow for at least six months before they commit to anything??????? Ever hear of the term, "You Snooze....You lose!" The Share buyback is Mickey Mouse at best, The 700K would have been better spent on paying down the debt IMHO. I had some Cash on side today and was looking to buy back in.....But me thinks it's better spent on CMT. fIXER

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