Midland MRIX, MRIXZ Message Board

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Gold/Mining/Energy : Midland MRIX, MRIXZ

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To: Ed Ajootian who wrote (17)	4/25/1997 12:44:00 PM
From: CKramer	of 32

Ed, it is my understanding that they are financing their well through partnerships with groups like Chalk Mountain. These groups take half the production or all the loss on a dry hole. I don't know why they would need to increase their line of credit. I know there has been a rumor of them talking to some financial institutions. What I am not sure, however the 10K I thought look impressive to say the least. Let's hope they can keep the success rate with the 3d seismic. Do you have an idea as to the value you might put on the assets and how that works out on a per share basis?

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