I just bought in on this little puppy at start of the week,...

First 21 Last

Share
Profile

Follow
cjbjb2702

4,048 Posts.

19

10/08/18

15:08

Post #: 34861695
Share

Originally posted by JoeBlow ↑

This is great news .... more targets to drill will be identified.

Hey you pessimists, this stock was up around 8.5cents just prior to Tunks coming along .... the drills aint spinning don't buy is his message. So there's been a long time of little action with stuff like assays and the share price dwindled (remember the cap raise at 6.2cents not that long ago).... so I bought in, in that cap raise and held.

Now the real exploration work is coming off the stagnant past 6 months .... gonna be bucket loads of positive results here, and as Tunks mentioned other companies in not as good boats have $200million market caps .... there's huge upside here.

Also, this man is an ex goldie and knows how to do stuff. He knows how to target narrow deep gold veins and get the gold .... so that mentality here is gonna be great. If the ore is as high as some of the previous results DSO could be an option for cashflow too or perhaps even a tolling arrangement.

My bet is if this expresses to a JORC or close to one then a buy out from a giant will happen. The next few years will see the giants snapping up explorers because they're the experts in processing and managing and the explorers love finding stuff. The headache for the explorer is building the mine due to huge costs. I can be wrong but in todays paper that's the word .... MA's (Mergers and acquisitions). The mining window for maximum profit is all about timing and when a commodity is hot you need to go hard ..... so waiting 5 years for an explorer to find then build a mine could mean they miss the boat ..... but for a miner with the capacity to process to scoop them up is fair play. Look for a good resource in ppm and logistics and buy them out. MEI is well positioned as a premium cobolt explorer.

Expand

I just bought in on this little puppy at start of the week, why?, because the risk / reward profile is too good to ignore!

MEI Price at posting: 3.3¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

PYC

Scientific conference spotlights PYC's work on blindness disease treatment

HotCopper Highlights: Your most watched stocks for Week 47, 2024

SIG

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

DUI

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

LPE

Sales growth pushes Lovisa's fortunes (and shares) upwards

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

There are more pages in this discussion • 9 more messages in this thread...

First 21 Last

Add MEI (ASX) to my watchlist

(20min delay)
Last 9.8¢		Change 0.001(1.03%)		Mkt cap ! $222.2M

Open	High	Low	Value	Volume
9.8¢	10.3¢	9.7¢	$318.6K	3.224M

Buyers (Bids)

No.	Vol.	Price($)
3	104546	9.7¢

Sellers (Offers)

Price($)	Vol.	No.
9.8¢	2896	1

View Market Depth

No.	Vol.	Price($)
5	1773521	0.011
11	2924000	0.010
6	4510000	0.009
7	2258300	0.008
1	142857	0.007

Price($)	Vol.	No.
0.012	620532	3
0.013	1998837	5
0.014	926384	7
0.015	670000	2
0.016	1179000	5

Last trade - 16.10pm 22/11/2024 (20 minute delay)

MEI (ASX) Chart

I just bought in on this little puppy at start of the week,...

Top Stories

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

Scientific conference spotlights PYC's work on blindness disease treatment

HotCopper Highlights: Your most watched stocks for Week 47, 2024

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Sales growth pushes Lovisa's fortunes (and shares) upwards

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Buyers (Bids)

Sellers (Offers)