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Gold/Mining/Energy : Microforum (MCF:TSE) -- Ignore unavailable to you. Want to Upgrade?


To: Nav Toor who wrote (1774)5/3/1999 11:53:00 PM
From: JKNF  Read Replies (1) | Respond to of 3896
 
Good luck Nav, just remember that 27 million shares traded last week, today probably shook out most of the day traders as the volume was reduced to a trickle this afternoon.

Regards

John



To: Nav Toor who wrote (1774)5/4/1999 1:31:00 AM
From: Ritch D  Read Replies (2) | Respond to of 3896
 
Near term the range should be $7 to $8...some 'internet/daytrader' selling today and probably some larger holders switching into the special warrants...watch for TSE 300 positioning sometime soon...this is a much more 'comfortable' company for institutional funds than that other 'Yorkton favorite'!



To: Nav Toor who wrote (1774)5/4/1999 9:13:00 AM
From: Richard Humphrey  Read Replies (1) | Respond to of 3896
 
That is exactly my thought too!
Do you think that Yorkton would allow the stock to go sub $6.50, while they are trying to complete a PP for the company. I don't think so. I see this price as a major support level. I suspect that once the PP has been finalized then the news will start to flow again. This is a company with real earnings, not like BII (BIDS).
Another point! If MCF is ahead of itself as some have proposed, then where does BII stand???
Yet it is valued at around $24.00 CD per share.