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Gold/Mining/Energy : Strictly: Oil and Gas Exploration Companies -- Ignore unavailable to you. Want to Upgrade?


To: PuddleGlum who wrote (213)6/8/1999 5:05:00 PM
From: Mark  Read Replies (1) | Respond to of 318
 
PG - I've done some more digging on MMR, and have found some things that
I'm not happy about.

I think I remember reading in one of Peter Lynch's books that he liked
management to be suitably motivated by share options/ownership, but did
not like to see them having a controlling interest.

A little more investigation reveals that a controlling interest in MMR
is in the hands of very few players - many of whom seem to be related.
I do not intend to go any further with this one.......

(Ironically I still feel comfortable with MEXP, which is probably in
a less favorable position! Oh well).

Thx for the Canadian suggestions. Unfortunately, I am not keen on
buying Canadian stocks. (The US is already a "foreign" market for me,
but is one that I feel comfortable with. I am not ready to go any
further afield just yet!)

Mark