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


To: hedger who wrote (742)10/30/1998 1:46:00 AM
From: Gord Bolton  Read Replies (1) | Respond to of 1707
 
The results so far on Snowy Owl are excellent. But before anybody buys the Beamer we have to wait to hear the macro-micro count and the Value per carat. Then we have to wait for a bulk sample, a feasabilty study, (how many tonnes ar there) environmental approvals and a final decision to actually set up a mine and processing plant. And you will have to do a little coaxing to get people to live or work up there. Free skidoos? 2 weeks in - 2 weeks in -two weeks in Cancoon.
Excellent news for all the shareholders, but not enough to get the day traders excited yet. So it is a buying opportunity for everyone who wants to pick up some real cheap and hold for the big payoff several years down the road. Remember when you could buy 1000 shares of MGJ for $250.00. Too late.