GILFORD SECURITIES INCORPORATED
MEMBER NASD/SIPC/MSRB
August 2, 2005
Securities and Exchange Commission
Judiciary Plaza
100 F Street N.E.
Washington, D.C. 20549
Attention: Song Brandon
Re:
JMG Exploration, Inc.
File Number 333-120082
Dear Ms. Brandon:
On behalf of Gilford Securities Incorporated, the managing underwriter in the above-referenced offering (the "Offerinq"), we hereby join JMG Exploration, Inc. (the "Company") in requesting acceleration of the effective date of the Offering to Wednesday, August 3, 2005 at 4:00 p.m. (Eastern Time), or as soon as practicable thereafter.
In connection with this request, we hereby provide you with the following
information pursuant to Rule 460 as promulgated under the Securities Act of 1933, as amended, with respect to the distribution to date of the Company's preliminary prospectus dated June 17, 2005.
To Whom Distributed | Number of Copies |
Brokers/Dealers | 500 |
Institutional Investors | 100 |
Retail Investors | 2,500 |
This will further confirm that the undersigned has and will continue to comply with Rule 15c2-8 under the Securities and Exchange Act of 1934, as amended, with regard to the preliminary prospectus.
Sincerely,
/s/ Robert A. Maley
Senior Vice President
777 THIRD AVENUE 8 NEW YORK, NEW YORK 10017
8935\5\928190.1 212888886400 800-GILFORD FAX 212-826-9738
www.GilfordSecurities.com
