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Gold/Mining/Energy : MHRC on the OTC market -- Ignore unavailable to you. Want to Upgrade?

To: nadroj who wrote (14)	10/6/1997 12:09:00 AM
From: Jeff Lawlor	Respond to of 188

That's seems like a pretty lofty target. What did your sources say to substantiate such a price target? How do you know that they have really good news ahead? Refer to my previous post several months ago on why I bought in. Nothing has changed in terms of the valuation. However, this could be a momentum play as institutional investors begin to pour more money into this issue. I originally had targeted 8.5-9, however, I may change my assessment if 3Q earnings results warrant. Regards, Jeff