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16/07/07
16:57
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well, .007 looks like its gone with about 50m buyers coming on at .007-.008 this afternoon.
The company secretary mentioned above the minor holding in Cangold of $750k.
Well, Cangold (CLD-TSX) is in a strong uptrend and MPJs holding is now worth $1,144,000 Canadian @ 22c. (5.2m shares)
So about $1.05m AUD...
as the recent market cap was only $10.5m, the holding in Cangold was around 10% of the market cap. Not so insignificant.
no brainer, just wait.
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