Madison Enterprise, MNP/VSE 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 : Madison Enterprise, MNP/VSE

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: chevalier who wrote (88)	10/5/1997 11:30:00 PM
From: rdww	of 285

HRA has gone into MNP's office and gone through the holes and seen the 3d of the drilling. This led to an interpretation of a 3MM+ oz deposit. They feel strongly on this. The market malaise has much to do with the YORKTON broker warrants that hit the market before the last set of results. I think that 900K shrs hammered down on this stock and broke its support. I think that investors are confused and looking for direction. Once again this past week Yorkton hammered down this stock unloading 125K or more shares. MNP now has a market cap of about $30MM. They have cash of about $6M. Hole 54 is supposedly turning out good and encountering roscolite - but wait for the real #'s before jumping on this. This deposit is not easy - PDG spent a heck of a lot longer figuring out Porgera - but it was worth it. Lets see the next set of results.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next