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

To: Rocket Red who wrote (574)	8/25/1998 8:50:00 AM
From: donkeyman	Respond to of 1707

Sell on news! Still stands.?? There weren't many Major General shareholders selling on news, but there were enough (2) to drop the stock price down $0.08/sh. during the last few minutes of trading yesterday. That news release was very encouraging their partner Monopros, (a subsidary of DeBeers), sent out samples from 5 kimberlite discoveries on Victoria Island, NWT. They must have had those samples in the DeBeer's South African labs for at least 2 months now and today they announced the results will probably be out in Sept.(during the active junior stock play). They must be very encouraged and excited about what they see, because the news release states they've grabbed up another 160,000 acres adjacent to the Victoria Island, NWT property. I believe a company has to be crazy to release results especially during the summer, whether the results is good or bad.!!!!!!