Mandorin Goldfields MGD.V Message Board

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Gold/Mining/Energy : Mandorin Goldfields MGD.V

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To: rabbi who wrote (91)	9/8/1997 11:03:00 AM
From: Bruce A. Anderson	of 633

The stock gapped up this morning, but there seems to be no recent news on the company. Junior mines appear to be in the early stages of a revival; maybe MGD is sharing in the new sentiment. Regardless of what is behind the rise in the stock price, it is technically attractive. Following a painful decline from .85 earlier this year, it formed a rounding bottom and is now gaining on fairly good volume. So, having bought in at much higher prices, I think it is a good speculation at this point. In all probability, the price will continue to rise on news we don't yet have. That is usually the way it works...hope it applies in the case of MGD. .................................-ba/

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