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To: Dale Baker who wrote (369)	8/13/2010 11:26:40 AM
From: bruwin	Read Replies (1) of 400

OT. As per your ... “The folks I don't understand are the dumb clucks selling at $4 when MHR has a $6 NAV that we know is going to go up.” But when do shareholders benefit from the “$6 NAV” ? When the company is sold or liquidated. Surely what informed shareholders are looking for is the current financial performance of the company. And in that regard MHR continues to LOSE money, Quarter after Quarter and Year after Year, at its Bottom Line as can be seen in its Quarterly Financial Statements ... finance.yahoo.com ... as well as in its ANNUAL Income Statements ... finance.yahoo.com Maybe there are resources in the ground, etc.., BUT the company has yet to PROVE that it can turn those resources into a NET PROFIT after extraction, processing, marketing and distributing. And surely that needs to be displayed in its relevant Financials. That hasn’t been the case, which is very likely why its share price has declined by over 20% in the last 3 months.

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