posted on
Jul 18, 2008 11:50AM

Dolores Mine - Sierra Madre
A New Mid-Tier Gold & Silver Producer - Mexico

Message: MFN price
I don't think anyone can tell you why a stock goes up or down...but a lot of people try.
I can tell you a few things about MFN though...
There are a lot of shares shorted on this stock...about 7 million...which mean a lot of people feel it is not worth its present "high" price or if you follow Puplava it means the stock is being manipulated. probably a little of both is happening....a lot of people ( like myself) have followed this company for many years ( before Puplava increased his large position) and have heard a lot of promises from management with little delivery up until now.
In the shorter term MFN has had a nice little run from 9.50 up to about 12.50 and is now dropping back. There is very small volume traded in this stock and price swings are easy to have.
Have faith....production is right around the corner....so I hear...
2 Recommendations
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