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

To: zedex who wrote (1492)	11/4/1999 4:18:00 PM
From: hedger	Read Replies (1) \| Respond to of 1707

bruce, you have to like this deal if it means that much in the treasury. nothing better than cash in this junior mkt and lets off pressure for any consolidation, share financing etc. they only sold the one property and are still exploring the area also. with the better diamond news today from the cdn gov't maybe funds can be used for more exploration of the vi lands. still think this is where mgj will be a success in the future. the only thing that scares me about mgj is the 40 mil o/s and the impossibility of getting any financing. great move and will reflect in the price in the days ahead IMO......