| Moderated By: Bob Lawson -- (Not Moderated) -- Started: 1/8/1999 1:21:00 PM Revision History |
MGC has about 4.5 million shares outstanding with insiders
and managament holding about 60% - it was rolled back awhile
ago and has been getting a little action as of late. Looks
like the company owns a 300,000 oz deposit called Turquetil
and a Mag Lake property, both of which are in the NWTs of Canada.
From what I understand, MGC is looking to option properties, some
of which are in Mexico. There's been alot of action down there
and if they end up in a good mining district, MGC may FLY. With
a low share price and a tight structure, as well as the possiblilty
for good MEXICAN property's, this baby has a huge UPSIDE potential.
The sentiment for commodities appears to be improving and that
may bode well for the whole mining sector. Good Luck - Bullet