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Gold/Mining/Energy : MCY on the ASE -- Ignore unavailable to you. Want to Upgrade?

To: 24karats who wrote (37)	11/28/1998 10:01:00 PM
From: 24karats	Respond to of 66

The Financial Post reports in its Saturday edition that McCarthy Corp PLC, a London-based and Alberta Stock Exchange-listed investment company, is becoming more intimate with British businessman Richard Branson's Virgin Group. Virgin holds 18.2 per-cent of McCarthy, is looking for board representation, is backstopping the $42 million rights issue McCarthy disclosed on Thursday and will benefit when McCarthy invests at least $19 million of the money raised in Branson's V2 music company, according to McCarthy. A great deal of McCarthy Corp.'s assets are now Virgin-related and, going forward, this will be a growing feature of the corporation's identity, according to chairman Rory McCarthy. The company, which owns 33 per-cent of V2, plans to raise the $42 million from existing shareholders through a rights issue. Up to $24 million will be reinvested in Branson's V2, according to president Tim McCarthy. The rest will be used to retire bank debt and for working capital. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

To: 24karats who wrote (37)	11/29/1998 7:09:00 PM
From: DeepSecrets	Read Replies (1) \| Respond to of 66

Crazy8 or 24karats...whatever your name is... Thanks for the tip about bid.com...i took a chance and bought it at 1.05..only a thousand shares though....sold friday at 2.95. so..what about Mccarthy...and this reverse take over.....i heard that it will be atleast a buck...a buddy of mine spoke to Mr.Mccarthy...i told him that you started a string on MCY on silicon Investor. He thinks your one of his employees....an insider..any comments on that...he wouldn't comment on some of your remarks..but when i relayed some info you were talking about...he got abit agitated...wants to speak with..would you consider calling him? He wanted to know how you knew about Virgin airlines coming into Canada..any comments? Anyhow he's really eager to talk to you...he gave my friend his home number..and office number...if you want them...get back to me..he said you can call him day or night...he's really...realy interested in speaking with you. Seeya! P.S. Any more good tips laying around...do tell! Thanks.