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Gold/Mining/Energy : Magnesium Alloy Corp. (MGAC.U - Cdn unlisted) -- Ignore unavailable to you. Want to Upgrade?


To: Ron Everest who wrote (28)7/7/1998 7:38:00 PM
From: GlobalMarine  Respond to of 103
 
Ron: It's a promotional newsletter not put out by MGACU directly. On the bottom it says that it's an advertisement with expenses paid for by the mining company in question. It also says subscriptions cost $449 a year but I'm pretty sure that's a promo gimmick too. Nonetheless, this freebie is how I found out about MGACU in the first place.

Rand



To: Ron Everest who wrote (28)7/8/1998 2:06:00 PM
From: GlobalMarine  Read Replies (1) | Respond to of 103
 
Ron: Have you received your annual report? I just received mine today. Most of the important info has already been covered at the website. It also says that 1996 saw demand for Mg at 295,000 tonnes, and that General Motors' magnesium program manager estimates 1997-2000 world Mg demand increasing by one-third to over 400,000 tons. Most of the executive compensation is in the form of options. Bill Burton was paid US$27,000 and 200, 000 shares options last fiscal year, for instance.

Rand