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Gold/Mining/Energy : Major General Resources Limited

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To: 00poladi who wrote (57)	2/24/1997 5:30:00 PM
From: George J. Tromp	of 123

MGJ Holders: Is there any sense why this stock is trading at .54C when theyre sitting on 365,000 oz. of Gold at Rendall Jackman just added 2,000 acres to total 35,000 acres with drill holes to start drilling below the Orion Discovery? Nothwithstanding their 100% interest in Newfoundland the base metal prospect next to Stratabound Resources Zinc Discovery. Being a large landholder in Voisey Bay with property optioned to Donner looking for the next voisey Bay. Theyre sitting on the Kidme claim adjacent to Gerles Doyle Lake property. According to IR the reason Debeers dropped the Misty Lake property which sits to the West and adjoins the Kidme because the 2 indicator mineral trains go onto the Kidme claim. I understand both Gerles and MGJ are awaiting appeal by the former claimholders and that a decision is forthcoming. What gives here, did MGJ piss off John Kaiser? This stock is undervalued. Should be trading higher than the current price. If youre reading this thread Mr. Kaiser would you care to comment. Is something being missed here.????? George

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