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Bullboard - Stock Discussion Forum Metals Plus Income Corp T.MPI

Financial Services Asset Management

TSX:MPI - Post Discussion

Metals Plus Income Corp > Bought Some More Today
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Post by ajootian on Jul 05, 2001 11:14pm

Bought Some More Today

Decided to put my $$$ where my mouth is and bought some more today at $.45. The fact that the management were the primary investors in the PP is a strong statement IMO. They are supposedly drilling wells like crazy, and the production will apparently be weighted towards oil vs. gas. This is good given that oil prices seem to be holding more steady than natgas prices right now. I believe they are waiting for some news on a few more wells and then will issue another drilling update, probably 2 weeks from now or possibly as early as next week.
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