As a biased shareholder myself (with a higher cost-average), I think these are intelligent buys. I can't seem to get anyone interested in MEP from North America (besides the Sprott fund, same group as my brokerage, and are already the largest shareholders).
I think this is a very good contrarian sign...similar companies listed in Canada have much higher market caps with no discovery. I will always take a high quality company with little to no promotion, over the opposite. The news flow has been excellent the past month, and glad to see activity/monetization on the other projects as well.
2018 still has an excellent chance of being a 'break out' year for MEP.
Cheers,
MBG
MEP Price at posting:
6.9¢ Sentiment: Buy Disclosure: Held