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Re: easycome92 post# 3071

Tuesday, 03/20/2007 12:07:28 PM

Tuesday, March 20, 2007 12:07:28 PM

Post# of 13335
easycome92 You sent me a PM, but I can not respond to it. But my response simply on MKGP is I believe in the long term, now that is not a couple of months, but 12 to 18 months, we will see much higher prices and that is for several reasons.

1)If you look at MKGP financials and PR's you will see they are very undervalued based on shares outstanding, float Vs. revenues and income. IMO they are way undervalued at your purchase price

2)Dilution. There has been much talk of dilution in the past few days. So what? We are talking about 1 million shares. And only 3 plus million over 12 months. It means nothing.

3)Management holds upwards of 80% of the shares e.g. it is in their best interest not to dilute and continue to perform

4)MKGP has performed brilliantly. Revenues and earnings have been on the upswing-debt little or none

5)The geopolitical situation in the oil producing countries. The problems with that knucklehead Chavez, the corruption in Mexico (some of our biggest suppliers-Canada of course is our biggest supplier)The powder keg we call the middle east, China and India consuming energy at ever increasing levels, that nutcase ALGORE screaming like chicken little that the sky is falling and finally the U.S's lack of commitment to new energy sources as well as alternatives, no new refineries in 30 years and on and on it goes. The price od oil is destined to go no place but UPPPP! That bodes well for companies like MKGP

7)There are many other reasons, but I suggest you begin to delve into some of the info available and come to your own conclusions.

Everyone is responsible for their OWN investments, and that means doing your homework or investing by the seat of your pants. As Gorden Gecko once said "a fool and his money were lucky to get together in the ist place"

Not Judging-Just Saying

Bill