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Gold/Mining/Energy : St. Genevieve Resources (SGV.T & SGV.M) -- Ignore unavailable to you. Want to Upgrade?


To: Perry who wrote (116)3/11/1998 9:47:00 AM
From: philip trigiani  Read Replies (1) | Respond to of 140
 
They have some excellant properties in Russia and Cuba. The whole mess with shifting money around was so not to lose the contractual agreement with the Russian project. Beau obviously has done due diligence in the Genoil properties to go forward. SGV has practically control over its umbrella of companies. It will survive. It won't be a player until it can put these projects into production. In the short term, there will be short term trading profits in and out of SGV and KWG. Gauthier needs to see these prices higher in order to fullfill the rights and get more working capital. He's a promoter. The share capital will probably be diluted in a reverse split eg. 10 for 1 at some point.
This is required, if he intends to get institutional investors back into the game.IMHO

I'll be trading in and out for a while once SGV and KWG get relisted on the TSE. A perfect example is Repap RPP:tse/mse.