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lbas

01/02/08 11:04 AM

#1685 RE: lbas #1456

MMR - Stock has steadily increased about 12% over the last month or so. Insiders have bought 1.3 million shares since November. Investors are awaiting Flatrock news which is expected to be released soon.

Check out their presentation here:

http://www.mcmoran.com/presentatn/2007/Merrill%20Lynch.pdf

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lbas

02/27/08 2:58 PM

#2068 RE: lbas #1456

MMR - Shares hit 18 today before backing off. Insiders see terrific value in the stock, Robert Day, a director has been buying stock like its going out of style. Mr. Day has bought $23 million worth of stock in the last 5 weeks even as MMR has been rising. Thats a good enough reason for me to continue to hold my long term options.

http://finance.yahoo.com/q/it?s=MMR