Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

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

To: kidl who wrote (1341)	6/5/1999 11:38:00 AM
From: Gord Bolton	Read Replies (1) \| Respond to of 1707

Insiders dumping all their shares so that they can take up an offering at cheaper prices-sounds about right to me. That would explain recent market action perfectly. Trading lots of shares and going down until the buying drys up. When will these guys ever learn to keep moving their offers up a penny a week. People will buy a stock that is moving up but who wants one that is going down? but of course the people buying the shares for he financing would rather buy at .25 than .50. So many promising properties but no big cigar yet. One of these years will be dynamite for MGJ. They do need some money to drill the Spider. Despinassy- Cameco should have more to report soon. A couple more intersections of the high grade zone on stepouts should pretty much confirm a mine. Gold should begin climbing soon. DeBeers could give some kind of update anytime on analysis of the V.I. diamonds.