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

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To: Walter who wrote ()11/5/1996 2:31:00 PM
From: patrick bey   of 140
 
To all: From a historical perspective the stock Traded between 30 and 60 cents for 3 years until Dec. 95 . Then it started going up partly because of the Cuba play and partly because the company which is a holding company by the way sold shares for a profit. The co. is also part owner of Far east "unlisted" . The stock reached 2.85 by april and has been going down since. The other problem is insider trading, The CEO traded shares of SGV and KWG selling at their highs. By the way the CEO of SGV is also CEO of KWG, He is an Ex-broker and knows very well his way around markets. I still own shares because through SGV the holding company your are exposed to a number of plays one of which will one day benefit SGV. ...........
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