Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Cogito Ergo Sum who wrote (10900)	4/20/2002 10:04:07 AM
From: russwinter	Read Replies (2) of 36161

<MFL move of 36% (3.00 to 4.10) in 2 days> I have a couple theories. First there was a buy recommendation from Nesbitt Burns, and I think some others after the silver resource revision. MFL is still kind of thinly traded so that could account for it. My second theory is that a buyout might be coming? I have NO info (for the uninitiated, don't buy based on this remark, please) on that, it's just the way the stock trades. Reminds me of when ABX bought Pangea: they did the PP to get some buddies in, and within a month stock acted exactly this way, and then it came (over the weekend as I recall). At any rate I'm pleasantly stuck in MFL and have the "luxury" of being on auto-pilot: as I have an enormous capital gain that doesn't go long term until June. Would be nuts to sell now. At any rate there seems to solid bids and support materializing on the little swoons.

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