MEI 1.05% 9.4¢ meteoric resources nl

Hi Downs.I can only agree. The current SP is almost cash value....

  1. 1,096 Posts.
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    Hi Downs.

    I can only agree. The current SP is almost cash value. It WILL go up, not just because they will start drilling holes in the ground early in the new year but because the whole area around them is being massively developed by large private and public companies and they will be taken up and along in the ride. Meanwhile, as bad as it is right now its a buying opportunity to increase a holding . .  and there is no signs that we have mass selloffs by large shareholders. None of the key players have walked yet.

    This year  . . they didnt drill any holes in the ground that are meaningful  . . =SP tanked
    Next year = big string of holes in the ground and a lot of activity in the area  =  SP recovers.

    Basically, hang in there for next years action if you can. 
 
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