First energy are going to be drilling Phyllis soon in Ontario ,...

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rjohnson1234

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15/12/18

10:09

Post #: 36868217
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Originally posted by catscatscats ↑

Originally posted by Downs
I understand that the price drop is very annoying. There was a chance people thought there was something there but turned out to be nothing of value to us. It’s very difficult in the low time to keep on believing but imagine what the sp will be when we strike a resourse. Even if the sp was 8 cents I would think you would still hold. I am very confident the next lot of drilling will pay very good dividend in terms of sp. No resource = crap sp. resource = plenty. I am optimistic on this next lot of drilling and yes the resourse will be found. Good luck to all holders.
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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First energy are going to be drilling Phyllis soon in Ontario , some distance away from us, but worth keeping an eye on

https://www.benzinga.com/pressrelea...lling-at-phyllis-cobalt-property-in-ontario-p

Last edited by rjohnson1234: 15/12/18

MEI Price at posting: 1.2¢ Sentiment: Buy Disclosure: Held
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First energy are going to be drilling Phyllis soon in Ontario ,...

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