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Re: eom7 post# 5991

Wednesday, 04/07/2010 11:15:18 AM

Wednesday, April 07, 2010 11:15:18 AM

Post# of 17741
MILL.ob seller that drove it down yesterday seems to be working it down again today. I guess Miller had gotten ahead of itself, especially in light of the CHEEP CHEEP CHEEP private offering recently, and some see no reason to stay with it short-term when the opportunity (for substantial gains) is more long-term.

Wish they were cashflow positive and ramping production a little faster to keep the momentum positive.

Regards,
'peeker

ps> By the way, Miller's past history of quarterly losses indicates they probably have accrued some carry-forward losses to lessen the tax bite for their property acquisition gain. I continue to wonder how much tax they will owe in short-term for the big gain.

MILKY WAY over Devil's Tower

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