St. Genevieve Resources (SGV.T & SGV.M) Message Board

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

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To: Walter who wrote (8)	11/14/1996 12:02:00 AM
From: Perry	of 140

Sorry I took so long to reply. The reasons are similar to the ones you mention. I spoke to IR a week ago and got all this hoopla about various projects and 145MM. I asked why there has been no communication to investors. Response-things are going on. I bought in at 0.80 many months ago just before KWG announcement and watched it go to 2.84. I held on because Gauthier was promising results to confirm major find in Cuba which will propell the stock to $25 (KWG). I'm still waiting. Recent Sept Isle play has resulted in much news from other participants and nearly squat from SGV, though they are key players. Involvement with Noranda did nothing to the stock.IR states that drilling in Cuba has resumed after handling red tape. I think stock will drop some more due to frustrated investors. IR claims market value of stock is about $4. I still think it has much potential.

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