SOMEBODY OUGHT TO PUT THIS -SSHOLE OUT OF HIS MISERY... Do people really pay to get this idiots advice???.......
Bishop says, let's make it clear this time: "Sell"
Major General Resources Ltd MGJ
Shares issued 33,186,119
Mar 12 close $0.39
Thu 12 Mar 98
In the News
Bob Bishop, writing in the February 27 issue of his Gold Mining Stock Report, says Major General Resources is a sell at $0.33. Mr Bishop writes that his subscribers should have had the good sense to sell the stock last autumn, when he commented that several companies offered better potential than Major General. He says that when he recommended Donner Resources around the same time, he pointed out that Donner was the better way to speculate in the South Voisey's Bay area play. "Switch strikes me as the
obvious message, but perhaps that was not so obvious," the normally even-tempered stock picker writes. "Perhaps eliminating Major General from our universe may help to get that point across." Mr Bishop recommended the stock in December 1994 at $0.42, arguing he like the company's diversified holdings, which consisted largely of diamonds and minerals in Canada. He repeated his buy tip in April 1995 at $0.66 and again in August 1995 at $0.72. In a May 1996 hold recommendation, when MGJ was just under $1, Mr Bishop wrote: "It is not a stock where I would allow investor fatigue to affect my thinking on it."
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