Gord that's old news, Infact a lot of people including myself from the Springdale area really don't understand why this stock is not trading over a dollar. They certainly have the right properties to be tradiing higher and will say again this is going to be a great summer.
One of the reasons why Mcwatters are going so slow on the Hammerdown is cash, I have heard they are having a hard time raising cash. But they are Very interested in the area. I will let you know when things are going to heat up in Springdale.
I can tell you why the selloff today happened too, there have been people into this stock since last spring, and it never made they any money, so when they saw the chance to dump, they did and I like it. it is good to get new people into the stock as they will relise what this company is all about.
I believe this company will find a mine, it is a honest company, out of the hunderds out there, and they don't be chasing the hot area play of the month, they do there own exploration and they do it very well. That is the reason why I follow this stock and the reason why I keep posting here. I Believe in this company and if I can get someone else to believe in this company that is what it is all about.
Just think of this. This summer MGJ is going to be doing advanced Exploration on 4 different properties One for diamonds, one for Base Metals and two for gold and all have potential to be great mines. Just Let me put it this way. The lowest it will go is $.20 but just amagine if all turn out to be good and become mines, now that would be nice.
I am close to five investors (family) and we hold about 100 000 shares of MGJ.
Here is to hopeing for the best
Good luck
Stephen Joy
joysc@telusplanet.net |
