FWIW:
Kaiser says buy for exciting diamond play
Major General Resources Ltd MGJ
Shares issued 36,965,680 Jan 7 close $0.28
Fri 8 Jan 99 In the News
John Kaiser, making his recommendations for 1999 in a Dec. 11, 1998 Bottom-Fishing Report, says Major General Resources is a medium-priority buy at 28 cents. Mr. Kaiser recommended Major General in December 1995 at 60 cents, in June 1995 at 62 cents, and in November 1994 at 46 cents. In his current report, Mr. Kaiser notes that the market paid most attention to the “expensive long shot,” South Voisey's Bay, where the company has a nickel-copper prospect joint ventured with Donner. Its most exciting project in Mr. Kaiser's book is, however, the Victoria Island diamond play in the Canadian North, farmed out 51 per cent to De Beers. The California-based letter writer says five diamondiferous kimberlites were found in 1998, of which Snowy Owl “may be a winner.”
© Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com
|
