SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Sungold Gaming International (SGGNF) -- Ignore unavailable to you. Want to Upgrade?


To: John Lawrence who wrote (3502)4/15/1999 1:29:00 PM
From: vee  Read Replies (2) | Respond to of 5164
 
Magna is a multi-billion dollar auto parts company which was, and is, the brainchild of one Frank Stronach. This man is very, very, successful. His latest ventures are outside the realm of the auto sector...he is looking at building a huge amusement/theme park concept in (if memory serves correctly) Austria. He is a devoted horeseman. His new corporate facilities boast, amongst many other things, riding stables. Sungolders, if this man is truly involved in any way with Sungold, then hang on for the ride of your lives. He has the money, the connections, and the interest to make Sungold's wildest dreams a reality. I sincerely hope this "big announcement" includes the name Frank Stronach. That, in itself, would make it a great one.



To: John Lawrence who wrote (3502)4/15/1999 3:39:00 PM
From: Rampant  Respond to of 5164
 
John:
Stronach is a midas and everything he touches.....
I too will research a little more but I believe the shareholders of mMagna were critical of his ventures outside of auto parts (horse racing and San Anita? included.) Prompting him to sell some and/or spin some off.Stronach also has a close relationship with Stavros (Owner of Leafs, Raptors, ACC) and I believe is on MLG board of directors. All of these thoughts are subject to confirmation. I will confirm later.
Anyway, Stronach, Stavros, and Hart I like the company the company keeps.
R.

P.S.Was it not stronachs wife who asked for a little start up capital to open a cafe? (Indigo books?)