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Gold/Mining/Energy : Major General Resources Limited
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To: Tomato who wrote (45)2/1/1997 6:33:00 AM
From: Greg Dickie   of 123
 
MGJ sure has been frustrating. I too have purchased at prices much, much higher than they are at today. I don't know what news is available now, but I do believe that MGJ will have its day. In recently speaking to my broker, he advises that one respected mutual fund manager in Canada really likes the stock, thinks that MGJ has excellent management, and has been accumulating the stock. If you know the history of MGJ, they are very frugal. They don't explore or drill if the cost of doing so is high. They wait until it is cheapest. It therefore does't suprise me that there is no news right now, and I don't really expect any until spring. Hang in there!
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