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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: SliderOnTheBlack who wrote (61797)3/8/2000 1:22:00 PM
From: SliderOnTheBlack  Read Replies (2) | Respond to of 95453
 
MLRC - Insider buys - this is the way it should be !

... Well folks, I now know not to make any "If it doesn't hit $9 by XMAS - I'll NEVER post on SI again" boasts - but; I will anyway.

$7 by Memorial day, or I dress up like a French Maid and am SargeK's personal valet at the Rig Party - how's that (VBG)?

Insider buying strong:

biz.yahoo.com

Top 10 Institutions have been net buyers and have stuck with the story:

insidertrader.com

Read the link to the Wall Street Transcript interview with the CEO- THAT is the most important insight to what this developmental exploitation play is about . Very shallow, very inexpensive wells and a proprietary field that has huge upside compared to present market cap.

Nothing else to add; do the "DD" - and have a 75% upside waltz back to $7 ish minimum within another qtr imho.



To: SliderOnTheBlack who wrote (61797)3/8/2000 1:23:00 PM
From: Think4Yourself  Respond to of 95453
 
I was going to say "NOT MLRC AGAIN!", BUT I noticed a few things:

1. They withdrew their registration statement to offer more shares
2. They have been drilling aggressively
3. Insiders have been buying agressively
4. The price is well below levels where the insiders bought

I'm in this time, despite the low average volume. Thanks for bringing it up as I would never even have considered looking at it again.