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Gold/Mining/Energy : St. Genevieve Resources (SGV.T & SGV.M) -- Ignore unavailable to you. Want to Upgrade?


To: Perry who wrote (66)11/25/1997 7:49:00 PM
From: Mr Stock  Respond to of 140
 
Director resigns

KWG Resources Inc KWG
Shares issued 22,180,479 Nov 25 close $0.52
Tue 25 Nov 97 News Release
Mr Pierre Laflamme reports
Mr Marcel Aubut has, effective November 11 1997, resigned as a director. Mr
Aubut had served on the KWG board since April 30 1996.
(c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com



To: Perry who wrote (66)11/26/1997 8:55:00 AM
From: Omnichrome  Read Replies (1) | Respond to of 140
 
Hi Perry,

You sound sceptical. Actually, the price of SGV was .47 at the time of the article and the prediction was that moderate successs of even 1 of the sister company projects would move SGV over $1. Later in the article, a "conservative" estimate of the Cupey project is predicted to add $2 to $3 to SGV share price. In my opinion, scepticism is a wise attitude toward any newsletter.

In the case of these companies, they have attractive potential. That potential and $1 might buy a large cup of coffee. These days, potential doesn't do much to share prices - especially when you've
seen ONLY potential for 18+ months. I think it will take some real
results to turn these guys around.