Midland MRIX, MRIXZ Message Board

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Gold/Mining/Energy : Midland MRIX, MRIXZ

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To: S. Thomas who wrote (4)	3/19/1997 11:32:00 PM
From: Ed Ajootian	of 32

Can't say I blame folks for waiting to see what these wells look like before getting real excited about this ocmpany. They take so damn long to do things, it can be brutally frustrating. There has been plenty of time now for them to have completed and tested all three of these exlploratory wells, and here we are still no formal news. The warrants are especially interesting because the company is considering making a special incentive to induce their early exercise. E.G., maybe they'll take a buck off the exercise price as long as you do so by the end of May. Something like that would give the warrants even more of a kick. Look for news on their Latigo well on Monday (3/24). Could possibly have the Chalk Mountain well ready by then too.

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