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Gold/Mining/Energy : Canadian Small Cap Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Scott Mc who wrote (130)	6/24/1998 10:38:00 AM
From: Ally	Read Replies (1) \| Respond to of 512

Scott, I had a quick look at MII and found it interesting enough and I plan to do further due diligence for consideration in my portfolio. As for having a large holding in your portfolio, help me out, what are some of the things that you think should happen within the next year for the stock to go up? I'm a bit puzzled as to why the stock price has languished (high of around $1.75) despite the growth in sales and wondering if there are other things that may affect the historical stock price besides the company's financials. From what I've seen from the financials, short term liquidity appears to be a problem. Also, management and accounting systems appeared to be significant problems in 1997, leading to the whopping wipe out of shareholders equity of over $7 million. I'm wondering whether the main problem to this company is management itself... not being able to get a handle to balance sales growth with internal procedures and controls, and therefore, even with sales doing well, the results are not filtering down to adequate eps. Appreciate your further comments on this. p.s. do you have analyst reports on MII?