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Gold/Mining/Energy : St. Genevieve Resources (SGV.T & SGV.M)

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To: Walter who wrote (38)10/8/1997 9:40:00 PM
From: Lapouc   of 140
 
Market Condition in Canada for JM

The reason why the price will go down is easy they'll try to sell
between 1M and 2M shares in a market that is not favorable for
junior mining company (JM). So the price will go down maybe 10 to 20%
(they will keep their news for them because they want new shares to
be issue at a low price, they want to pay the less and since Gauthier
as sold is share in KWG and consolidated is property in SGV may be he like the actual price of SGV to consolidated more)

Also, I will call them to know why they are sponsoring the Bell
Tennis Tournament next month in Quebec instead of doing promotion of their stock. Why they need exposure of a tennis tournament ? Are people attending at this kind of spectacle will finance their mining project ?
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