Mandorin Goldfields MGD.V Message Board

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Gold/Mining/Energy : Mandorin Goldfields MGD.V

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To: meck who wrote (116)	10/19/1997 11:52:00 AM
From: Harold W. Davis	of 633

The Mandorin Gold (MGD) property is directly attached to a property where Donner/Northern Abitibi (DRZ/NAI) are currently drilling. Last week DRZ/NAI announced a narrow intersection of high grade sulfides. To the best of my knowledge the holes are a few hundred metres from the MGD border. In other words very, very close. Hence, last weeks activity. Its interesting to note Donner has acquired a 50% interest in MGD's property. The MGD property is quite large. When you consider MGD is trading at .20 with 15 million shares out and most of the other stocks in the area are trading with much higher marker caps I think MGD has a good risk return ratio. It seems investors didn't realize that MGD were in this play at all until Thursday when it started to move. Investors were confused because the property MGD holds is listed on the promotional maps as being held by "First Labrador" which is a subsidary of MGD. This South Voisey Bay play is heating up and I love it.

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