Im not sure if anyone else has been following Midwest Corporation since they came back from suspended trading in September of 2003. They re-opened at just over the 20 cent mark and have traded up to 75 cents today. It is their intention to commence sales of their iron ore by December this year. Volume has been reasonably low, but has still had a good climb. Their seems to currently be no price resistance, with the amount of sellers falling as low as 4 people a few weeks ago. I purchased in at about the 55 cent mark and have no real intentions of selling until around December when hopefully the market will start reacting more positively to them with their sales of Iron ore. I would appreciate any feedback that people have in regards to this one.
