I am only guessing here so this is just IMO but I am on another...

I am only guessing here so this is just IMO but I am on another cobalt stock (BAR) and have been for a couple of years now. Not cross promoting but when Port Phillip Publishing (PPP) sent out a buy to its members it went up nicely abit like MEI did here before the CR. But then once PPP gave the sell signal it sank hard and very quickly. I don't know if this is the case here (if the poster who reported on here about the PPP buy could confirm if they have now issued a sell that would be good), as obviously the US is also having a big impact on the ASX currently, but I was concerned when I saw that poster on here say that PPP had given a buy on MEI that soon after there would be a big sell off on MEI too. Also I have noted that cobalt stocks in general on the ASX seem to be out of favour abit at the moment but not sure why. Once BMR start drilling Iron Mask and Island 27 next door to MEI's tenements (which according to their presentation has either started now or about to very soon) I think that interest will return very quickly here. Thanks @Pobnfg for posting that the BMR site is now up and running. Interesting to read their presentation. Those cobalt grades just seem incredible when compared to the tiny grades explorers in Australia are reporting.



I cut a number of my dog stocks from my portfolio today, something I should have done a long time ago but put off hoping they would turn, and although I am more in the red on MEI than I was on some of the ones I cut (down 49% currently ) personally I still think that MEI just have such a good opportunity here with historically amazing grades, small MC still, cashed up and great new MD who wants to " drill test our targets as soon as practicable" that I didn't even consider it when looking at what I should sell and once I see the bottom start to turn personally I will be buying again. It really depends though if you are in for the longer term (like I am) or just a short term trader. I have been on a lithium stock from 1.9c and held it while it went into the red 50% as well but I believed in the management and the company and held through and its currently trading at 32c and has been as high as 48c so I have learnt that if you think a company has great potential and management, like I believe MEI has, then holding longer term can be very profitable.