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Gold/Mining/Energy : Major General--MGJ -- Ignore unavailable to you. Want to Upgrade?


To: Sam who wrote (1420)9/2/1999 12:06:00 AM
From: Steve Joy  Read Replies (1) | Respond to of 1707
 
Sam sorry it took me so long to respond, But I lost interest and I have not been talking to anyone for quite some time. well my responce to the way MGJ is doing. It is the shit's as you can see. Don't get me wrong here I am still an investor just pissed off at the way these guys go about doing there businness. They say they put there money in the ground not into stock. But it is the shareholders of this company that allows them to do the exploration and if you can't get a couple of good runs in your stock a year with big volume your not going to get investors to invest in your company no matter what you have in he ground. The biggest problem with this company is they need someone good at raising cash if you don't have cash,you got nothing. They should have been smart and raised cash when times were good.

The results are very slow coming from VI and they could not be coming at a worst time of the year. So even if they are good who in the right mind would buy the stock now with winter on our backs.

Mgj had a $100 000 free cash from the NFLD government if they done $100 000 work in the green bay area. That is bad when you can't even raise $100 000 for exploration. It is the worst I have ever seen and not until the price of gold turns around will it change.

Steve Joy
joysc@telusplanet.net