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Technology Stocks : Xenolix Technologies (XTCI) 'Ecstasy'(Formerly MGAU)
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To: O. H. Rundell who wrote (1293)9/1/1997 7:29:00 PM
From: AurumRabosa   of 5143
 
O.H., I figure a bad BD report from IPM will tank MGAU for sure. I hadn't given too much thought to what a good BD report would do. A good BD report must be bullish since the same people are involved and their credibility would jump up in the eyes of the skeptics. The property and plans would be the same. I think there would also be buying by folks who felt they missed the IPM boat or who were looking for a bigger percent gainer from the smaller cap juniors in the area, as I've seen mentioned as reasons for buying more MXAM and CHIP now. Certainly a few of us will have a lot more buyng power in our margin accounts after the good BD report comes out on IPM :-) Do you agree?
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