Minefinders, MFL Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Minefinders, MFL

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Paul who started this subject	10/6/2001 2:01:15 PM
From: geoffb_si	Read Replies (3) of 578

IMO, the recent (4 weeks) move in MFL is a PRIMARILY a reaction to the recent increase of POS over the past month. Compare the 6 mo chart of MFL to BAY (they are very similar) : stockhouse.com BUT, there's something else going on: MFL has outperformed BAY over the past few days. I.e., BAY has leveled off with POS while MFL has continued to rise. Why has MFL continued to rise? Two reasons I can think of: 1) Retail and/or institutional investors are finally realizing how undervalued MFL is. 2) Someone got wind of a deal in the works (JV or takeover). My gut tells me that #2 is the more likely. Signs to look for: If POS/POG retrace followed by MFL retracing, then #1 is most likely. If POS/POG remain stagnant or retrace and MFL continues to advance, then #2 is most likely. Geoff

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next