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Re: tlr5 post# 16046

Saturday, 01/13/2007 8:17:15 PM

Saturday, January 13, 2007 8:17:15 PM

Post# of 38879
Hi tir5, many years ago I invested in ($%#$#%) company A. Not sure of the rules for talking about other companies on the ihub. Anyway, at that time the company share price was pathetic and the management/owner started stock piling the gold as he felt that the company could get a better price for the bullion in the future. So the share price was very sad, and all the shareholders wanted to buy a long piece of rope for the owner/management. But at that time gold was about 260-270 and he just kept on stock piling. When gold hit (I forget) he then sold. And the share price went up and there was a stock split and the share holders did very well. Myself, I personally think the guy is a genius Anyway today he is worth a lot of money and owns numerous gold mines. I sold those shares when they where at their top and did extremely well with that investment. The point being, if MGMX is a legit company with gold and mines Mr Lamb maybe doing something very positive here, but we will not know for sure until the figures are confirmed and on paper and MGMX comes off the pinks. Hind sight is what it is all about. I don't think anyone on this board really knows the whole truth. If we did we would be off laying on some beach beside our mansion with six blondes.