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Gold/Mining/Energy : Major General--MGJ

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To: donkeyman who wrote (546)8/9/1998 9:26:00 PM
From: 1king  Read Replies (1) of 1707
 
D'man

No I am not following you :-)

MGJ was always the head of the class of the SVB group. The McWatter deal is really significant as it puts some cash into the picture and moves Hammerdown closer to production. When the price of gold rebounds to the 350 range MGJ should be in an excellent position to be a producer(??) You are right, there is still a lot of life left in SVB. Despite recent drilling setbacks and criticisms <g> I think they will get things organized with all the geophysics data and have anther good kick at the can in September (hits by the 28th). The whole diamond play could really push MGJ over the top. I think will will see more deals in the near future perhaps the Bathurst properties.

FWIW
1King
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