Buffalo Gold Corp (fka BFG.U)

[Tackler]

Taylor says sell Madison Minerals

2006-10-25 17:41 ET - In the News

Jay Taylor in the Oct. 16, 2006, edition of Gold & Technology Stocks tells readers to sell Chet Idziszek's Madison Minerals Inc. at $1. Mr. Taylor first told readers to buy the precious-metals company at 66 cents on Feb. 25, 2005. A $1,000 investment then would yield a profit of $465. In a recent episode of ROBTv's Market Call Tonight, Mr. Taylor said that he still thought Madison had upside potential. The company holds a 90-per-cent interest in the Mount Kare property in Papua New Guinea. Mount Kare holds an indicated and inferred resource of 1.8 million ounces of gold and 23.8 million ounces of silver. Yet now Mr. Taylor thinks there are better opportunities out there and advises his subscribers to take a profit on Madison. He also cites the need to pare down the number of stocks in his Gold & Technology portfolio.