$2.75 price target / 100% above current price, page-29

Gull,
No I don't think BG sold out of SXY because they were dissatisfied. On the contrary it was a fantastic investment they inherited when they bought QGC. I think BG got out because they now want to concentrate on their core assets.

But I gave it as an example of what can happen when 8% of a company suddenly comes onto the market. It has to be managed well otherwise it can cause a dramatic fall in the sp. SXY did it well. I would be interested in how many MAD shares are coming out of escrow.

I have decided to hold my remaining 400k MAD as a long term investment. I stupidly sold 100k at 81 cents and have regretted it ever since although it did give me a base in TTE.