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Gold/Mining/Energy : Microforum (MCF:TSE)

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To: Gordon Gekko who wrote (2086)5/13/1999 8:12:00 PM
From: lib  Read Replies (3) of 3896
 
Of the 38mil diluted, a friendly reminder that Howard owns over 6mil. However, that doesn't say much now does it?

Agree that the Nasdaq is important for this co. to grow further as foreign money should gobble up a good portion on the 27mil outstanding - capital that MCF needs. As I mentioned before though, it was probably in MCF's best interest to do a pp as money was needed for rapid expansion. My guess is that we will either see u.s. and european expansion developments occur soon, or a nice acquistion or two with the money raised. They obviously could not wait for the four month (your words) Nasdaq approval process to finish up. With that said, see you in the fall.
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It looks like we're losing a bit of interest here as daytraders and the like are hitting other stocks this month. The first time volume has dipped below the 600k mark in a while. Not a bad sign imo., but with this type of volume, it will be hard to see new highs any time soon. I guessed wrong earlier in the week obviously. I thought the last release would do it for sure. My take is that any word of the Nasdaq from the co., and when people take a good look at the growth evident in the upcoming quarterly report, the price will rise nicely. Patience is key. Still holding at 11 after profiting nicely from 2 and upwards.

This is likely my last post as my membership is now up. Here's hoping that the board is nicely maintained with some valuable dd and opinions from everyone new and old. I will be reading them daily. Good luck to all...

P.S. Just pretty much put my job on the line as I talked the ceo of the company I work for into putting some money in mcf. It was the fp article earlier this week that put him over the edge however. Goes to show you the faith I have in mcf. 'Till 30 and beyond...
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