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Gold/Mining/Energy : Midland MRIX, MRIXZ

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To: S. Thomas who wrote (7)3/20/1997 10:34:00 PM
From: Ed Ajootian   of 32
 
S,

Yeah, that old saying "no news is bad news" seems to hold true more
often than not with these O&G microcaps.

Noticed the warrant buying too. The premium over the stock price ought
to be _at _least a buck IMO given the fact that you get a free ride
on the $4 strike for 5 more years. At a buck its like you are paying
just $.20 a year or 5% interest for the use of the money. Not a bad
margin rate!
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