MIRAMAR MINING (MNG) Message Board

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Gold/Mining/Energy : MIRAMAR MINING (MNG)

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To: Bearcatbob who wrote (25)	3/31/1997 5:32:00 AM
From: Bear	of 457

My recollection is that the stock went down a little immediately after the writeoff. The stock should be driven higher by the increase in the company's business resulting from the opening of the various mines Northern Orion will be building, as well as by improvements in the profitability and reserves at the Con Mine. Continued exploration success by Northern Orion will help, as would any discovery on the part of Miramar directly. This will all take years to unfold, but the risk is low compared to companies that require a discovery to move the stock price. Some prudent purchases and subsequent success in exploration and development of properties purchased would provide another boost to the stock. Miramar has considerable upside potentional for investors willing to hold the stock a few years.

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