Midland MRIX, MRIXZ | Stock Discussion Forums

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Gold/Mining/Energy
Midland MRIX, MRIXZ

An SI Board Since February 1997

Posts	SubjectMarks	Bans
32	0	0

Emcee: S. Thomas	Type: Unmoderated

Introduction Compact

Midland is a petroleum company with holdings in the Permian basin. They have had some acquisitions in the last year.

The stock has had a strong breakout in the last two days, and continuing today.

The warrants, MRIXZ, have a strike price of $4 (so are in the money with a low premium) and are good til 11/2002.

Anyone know what is happening? There have been no newsreleases.

THe common is now just under $6, the warrant close to $2.5

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Reply	Message Preview	From	Recs	Posted
32	CK, Now they missed even the offset well to that first Fusselman. I have giv	Ed Ajootian	-	7/31/1997
31	I understand that it is not a public float issue but a market cap issue. They	CKramer	-	7/31/1997
30	CK, Don't believe they have been unduly hurt by the lack of drilling rigs.	Ed Ajootian	-	7/10/1997
29	Midland is having a fire sale. We need news. I think the lack of drilling rigs	CKramer	-	7/3/1997
28	The key with the Cope unit is that it is in a water flood participation with a	CKramer	-	7/1/1997
27	CK, Agreed, we need news. Like they say, better to be lucky than smart! My s	Ed Ajootian	-	6/26/1997
26	After talking with Mr. Kahil I was under the impression that the higher sand ha	CKramer	-	6/26/1997
25	CK, Per Mark Kahil the IR guy the Fusselman was a dud again and they have thro	Ed Ajootian	-	6/26/1997
24	The Fusselman should be completed. It should be tested and this is the final e	CKramer	-	6/24/1997
23	CK, Glad to see you are still following these guys. If I may ask did you ever	Ed Ajootian	-	6/22/1997
22	The final well in the Fusselman should be completed. The remaining wells will	CKramer	-	6/20/1997
21	All, Just want to keep everyone updated on the latest MRIX drilling plans -- s	Ed Ajootian	-	5/26/1997
20	C, Take a look at CK Cooper's write-up on MRIX that just went out today. G	Ed Ajootian	-	5/13/1997
19	C, Their Chalk Mountain partnership gave them a carried interest only in the f	Ed Ajootian	-	4/28/1997
18	Ed, it is my understanding that they are financing their well through partnersh	CKramer	-	4/25/1997
17	Gotta raise those sights even higher now. They plan to go nutty drilling deve	Ed Ajootian	-	4/24/1997
16	C, I don't believe in using specific price targets with respect to the O&	Ed Ajootian	-	4/12/1997
15	What are your price targets and why? I am getting a price of $10 to 12 based o	CKramer	-	4/7/1997
14	Theo, Heard any good rumors lately (yuk-yuk)?	Ed Ajootian	-	4/3/1997
13	This delayed reaction is amazing to say the least. But the neat thing is that	Ed Ajootian	-	4/3/1997
12	Sell on news. Yep. Never listen to the guy that touts a stock on whats going t	Theo	-	4/3/1997
11	MRIX hits homer? This is great news on any company with 4.4mm share outstandin	CKramer	-	4/1/1997
10	S. Now they hit THE BIG ONE! 400 bod is a huge well in any book. Going 4 for	Ed Ajootian	-	4/1/1997
9	S., Better late than never buddy! HOUSTON, March 27 /PRNewswire/ -- Midland R	Ed Ajootian	-	3/28/1997
8	S, Yeah, that old saying "no news is bad news" seems to hold true mo	Ed Ajootian	-	3/20/1997

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