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Gold/Mining/Energy : Macdonald Mines

MMP 69.00

0.0%

Sep 25 5:00 PM EST

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To: Ken who wrote (41)	2/10/1997 10:45:00 PM
From: John Stopforth	of 135

Ken I was not surprised to see so little action after the release. For one thing, the price of gold is still in decline and gold stocks are out of favour. Secondly the news release was not in the usual Macdonald format. They, in the last five or six releases, gave drill hole numbers, gold depths and grams/ton. This time they did not. Instead they gave general statements on new finds and increased values. Why? Something not quite right, could they be trying to hype the stock? Long MMP.A and MIY John

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