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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?

To: Professor Dotcomm who wrote (18517)	7/7/1999 12:13:00 PM
From: Lola	Read Replies (1) \| Respond to of 62347

Looks like a private lottery to me... worth a quick daytrade maybe but not much more than that (eom)

To: Professor Dotcomm who wrote (18517)	7/7/1999 3:14:00 PM
From: Mr. Forthright	Read Replies (1) \| Respond to of 62347

Prof.comm, You said about MPZ: <<I was put off that management owned most of the shares and seemed to be running the company as a private fiefdom.>> It seems that most people were put off too for a long time. It traded less than 100,000 last year. The financial statements seem to indicate that the company is run like a private company. Every year management pays itself big management fees. I pointed this out a month ago. The insiders, who owned about 13 million shares out of 14 million shares recently put out a notice of their intention to sell 4 million shares. That seems to be the block that was traded at $1.27. That would suggest that liquidity will improve. The word on the street is that the company is to be run as a real public company now. My estimate is that last year, had management not paid themselves management fees, the company would have earned about $0.10 per share. And that doesn't include the value of its online business which just started recently. Obviously something is up. People are now starting to follow it. It is up again today at $1.66, + $0.17 on 166,000 shares, new high. MOMO seems to be building up. Is it thestreet.com of Canada? BTW, as I understand it, this thread is to discuss trading not fundamentals. I am just starting to learn the local etiquette.