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Gold/Mining/Energy : Major General--MGJ
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To: kidl who wrote (1236)4/24/1999 2:47:00 AM
From: Steve Joy  Read Replies (2) of 1707
 
Kidl the reason for the little drop in share price vs. The rise is due to the outstanding shares and the amount of Promotion by a different company. MGJ 38 million vs. AOT 20 million give or take a few for both. In which the investor see's more upside potential in AOT for the diamond property and I will not be suprised to see AOT hit the $1 area again when the release is made that they have hit 70m+ kimberlite . Thus MGJ will probley go the $.50.
That is why I sold 7000 of MGJ at .28 last week. So I could buy 5500 AOT at .35 relising there was more upside potential in AOT for the short term. But the closer we get into the summer months, the closer we get to MGJ's properties getting work done on them. That is why I hope we have a release within the next month from the VI diamond property. So I can get a big run up in Aot, after the release I will sell it all as I know the price will fall back. Don't buy more of this stock when the release is out!!! If this happens I will buy MGJ back again because of the spider lake area where it should cause some exciting things this summer. By June 1st I will have sold all my AOT and will hopefully have my 30000 shares in MGJ again for a average price of .28. with the stock trading at .50.

Kidl all you have to do is go to stockwatch and look at the charts and the chart will tell you who is going to move the most. Just look at the run ups for both in June and you will see what I mean. and I bet it will repeat itself again this year
Good luck to all
Stephen Joy
joysc@telusplanet.net
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