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

To: Think4Yourself who wrote (61811)	3/8/2000 3:18:00 PM
From: SliderOnTheBlack	Read Replies (1) \| Respond to of 95453

MLRC went from $4 to $6 in just 6 days in Dec. You can see what the volume is indicative of here: chart.yahoo.com 30-Dec-99 *6.25 6.25 5.625 6.125 32,500 6.125 29-Dec-99 6.0625 6.1875 5.9062 5.9375 31,000 5.9375 28-Dec-99 5.4375 6.0625 5.4375 6.0625 34,800 6.0625 27-Dec-99 5 5.50 5 5.50 27,900 5.50 23-Dec-99 4.4375 5.25 4.4375 5 321,900 5 22-Dec-99 4.25 4.625 4.1875 4.5625 142,600 4.5625 21-Dec-99 4.375 4.375 *4 4.1875 107,700 4.1875 Their recent drilling news release is the fundamental driver in addition to good institutional confidence. We shall see - I don't hold that much - enough to be excited; but this will be a success story to a major degree down the road - their drilling is shallow and cheap and close in - they just got their pipeline in place - they've did everything they said they would - its been a slow, but steady development play. OXY is really interesting here - good volume , the sellers are getting a good exit opp here - and when they are gone; this flys to mid $20s imo. Controversial company - they've just done some neat deals... we shall see.