Medicago Inc MDCGF

news...in the making

[Jentai]

I was talking to IR this morning. They cannotsay too much but you can try to read between the lines. I wanted to know whenthe announcement for the application of phase 2 will be made. From what I undesrstood,it twill be in the third quarter, roughly at the same time the application forphase 1 was announced last year. If my memory serves me well, it was in Julylast year. What I was told is the company is continuing to progress rapidly. Asfar as I am concerned a series of announcements are to be anticipated in the3rd and 4th quarters : application for phase 2, approval of phase 2,starting of phase 2, completion of phase 2 and resuls of phase 2.  Each of these announcment should propelthe shares of MDG forward unless the markets continue to stink. In themeantime, until the beginning of the third quarter in July,  we will continue to thread water and beat the mercy of the general stock markets. June will be a time to continue toaccumulate, July and August should bring some  serious actions.