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Gold/Mining/Energy : Consolidated Magna Ventures (CMV.V)
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To: Edward V. Whalen who wrote (186)12/4/1997 9:19:00 PM
From: John Fairchild  Read Replies (1) of 380
 
Consolidated Magna Ventures Ltd -

Kaiser says hold for seasonal rebound

Consolidated Magna Ventures Ltd CMVShares issued 155092051997-11-20 close $0.37Thursday Nov 20 1997John Kaiser, writing in the Kaiser Bottom-Fish Tracker of November 20, 1997, says Consolidated Magna Ventures is a hold at $0.37. Magna Ventures was on his list of 100 recommendations for 1997 in the KBF Report of December 23, 1996. At that time, the stock traded at $0.50. Mr Kaiser says the company gave up on Labrador and Indonesia, and committed itself 100 percent to Mexico. Its Reyna de Oro gold stake is located 18 km northwest of Francisco Gold's El Sauzal deposit. Some drilling has taken place and more work is required. "The stock is a hold for a seasonal rebound," Mr Kaiser says. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com
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