Here is the latest from "the source"... I think that something is definately going on, and that very soon, we
will all know what it is!!! regards, Cussy, the Windsurfer
***************
The good the bad and the ugly...(not necessarily in the same order).
I promised you I will return with a report on the sellers(ugly!). Here it is:
Let's get over the first "ugly", Investors Group (IG). You know the drill by now. We went through it earlier
this year when IG was actively selling CGZ. Well, IG returned again on the sell side recently after a
short rest during March and April. Keep your eye on the news release from IG for this Friday or Monday.
The release will declare their interest position in CGZ to be under 10% or around 900,000 shares. The
"bad" news is the fact that we still need to continue with a count-down until IG is down to zero, and we
know it will happen so don't lose sleep over it. It's a matter of time. Much sooner than you think!
For the second ugly, we had a shareholder registered in a tax haven country with 1.1 million shares. He
sold 600,000 between Feb., March and April. The balance of 500,000 is in escrow and only 20%
become free trading each January. So, I don't see this ugly returning soon.
Now, for the "good" news...hmmm, shall I tell? Naaah, I'll rather let IG sell out and let the rest of us
continue to pick up free shares. Well, they are almost free at $0.75 a share. OK, I'll give you a hint for
now, but promise you won't tell IG. Here we go:
Tom Griffis, Chairman of CGZ, has been "on the road again." I don't mean singing, you silly!! Tom and
his top finance guru visited New York a couple of times in May. Now, what's in the big apple other than
MONEY. He also returned from London last week. So what's in London but engineering meetings for the
CIP facility. Remember, I recently told you a firm was selected to construct the facility. Well, this week
Tom is in Kazakstan. Remember, I recently told you KGFC will be taking over three mines. Ahhh, we
got something!! Money, facility and mines. IG, move over, you are toast. You can sell your shares or
keep them. It will not make a difference now. We are moving up with you or without. Mark your calendar,
June 1997. Thank you!! Shhhh, I haven't told you everything yet, but first let's get more cheap shares.
Thumbs up to the loyal shareholder!!!
Now, let me practice my computer cut and paste skills as I would need to use it very soon:
I reported April 21, 1997 -cut and past- "I...predict that if share prices don't move up..." Ahhh, I smell a
big deal coming!!
I reported May 16, 1997 on CGZ -cut and paste- "I told you so, that's where the hidden treasure is."
Well, June is the time, Kazakstan is the place, and CGZ shares will be above $x@#. No, my keyboard
is not locked. I just don't want IG to stop feeding us cheap stock so I will hold back just a little while
longer, but it will start in June!!!
Now, just a message to those who always think that a seller knows something the rest don't. Ask the
question, why would DS house 002 accumulate 700,000 shares in the last 3 months. Do they know
something the seller doesn't know? Hint, the big sellers had no direct contact with CGZ management
since the summer of 1996. Well golly gee, do you think they are up to speed on recent developments?!
Oops!! I almost forgot this...CGZ will come out with a news release very shortly, perhaps early next
week or the week after. Remember, if it's not Friday it must be good news, and I did say "early" in the
week.
The source...I'll be back!!! |
