Mainland Resources, Inc.(fka MNLU)

[Ecomike]

I think the entire Natural gas group is getting hammered here. Look at KWK price if you want some clues. An old timer Oil and Gas guy) friend of mine, from the great depression era, warned me in Feb this price drop was coming. He said to wait and buy at lows coming later (like about now). Sure enough KWK is back down and lower now than when its last low was reached back in Feb's last "near crash" in the markets.

Unfortunatley, I don't know yet where the bottom is, but I am getting killed in AEXP too. I will add more of both of if they go lower, and if I feel a bottom. Some money may have gotten funneled off from this kind of stock play to the blue chips this week since they were So cheap after last weeks massacre. At .17 today for AEXP, at 4:1 that values MNLU at .74/share, not a good sign, and AEXP and MNLU have shown no signs of making a bottom that I can see.

GLTA