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Gold/Mining/Energy : $0.50 & UNDER (Short term trades)

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To: Ed Pakstas who wrote (561)1/25/1998 11:00:00 PM
From: chevalier  Read Replies (1) of 783
 
MDRE on the CDN may be one to watch tomorrow. 6 month earnings are due out and they should by all accounts be fairly impressive. The first quarter, the company made a penny a share with an improvement expected for this quarter. At only $0.08 a share with circa 25 million F/D and insiders owning about 54% of the shares, this stock appears ready to move. The chart demonstates a strong bottom in place with big volume trading nearly every day. Although the volume can be attributed to mostly flippers, someone has been accumulating the stock or it would be lower.

Ari
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