To: Grant Movold who wrote (5315 ) 8/13/1998 7:57:00 PM From: findstock Read Replies (2) | Respond to
Grant good post, yes the price of this stock is not going anywhere for awhile, of course that is subject to change with a major announcment, but spending some time being rational about the information I have been given from someone I know who keeps in contact with Ian, and has spoken to Ralph....I think a bit of "pie in the sky" talk has been relayed to him and probably others, again the new house report shows tremendous "potential" and I am sure everyone has heard Coach Vitale's explanation of potential, the simple fact is the general market could care less is MDIN said they found a zillion troy ounces of gold, with Bre-X, mine and a few others people are not buying into speculative gold companies....and MDIN knows that, what is going to power this stock UP is HARD numbers, production numbers, and it appears that information is off in the distance, now of course we have heard "RUMORS" of Majors being interested in MDIN, and if they are the smart play would be to take over DAY and MDIN, Day has the equipment, knowledge manpower ect ect, and MDIN has the ORE, and guys MDIN has the ore, but my question is the state of Day's financial's which I hear are suppose to be out tommorow and MDIN not in my mind having enough capital to do what they need to do with the ore, why would a major want either of these two companies who are tangled in a lawsuit, and with the price of POG and the general uncertainty in the market, I don't see why anyone would be interested in making a move at present, the best to do would have been to buy stock at this price, rather than the price I purchased it at....but that as it may be, there is no doubt this stock will go back up, but as Grant said check back on this one in about 3-6months... that is if the management of MDIN has figured out that new players aren't going to be interested in purchasing this stock until it shows WHAT it has and that it can/has taken the ore out of the ground,,.just MHO.....
