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Strategies & Market Trends : Value Investing

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To: E_K_S who wrote (37721)	5/4/2010 4:33:45 PM
From: E_K_S	Read Replies (2) of 78476

RE: MDU Resources Group Inc. (MDU) FWIW Nibbled at a bit more of MDU which was off 1.4% (the S&P 500 was down 2.4%). The stock is now selling below it's SMA 50 for the daily, weekly and monthly charts. MDU's subsidiary company Fidelity Exploration & Production Company recently acquired drilling rights in the Niobrara Shale formation. No drilling or exploration by the company here yet, but we may see some head way in the next 12-24 months. Background on the Niobrara Shale Formation: oilshalegas.com EKS

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