Look at 88e. I know its a different commodity but if you look at their potential resource size, shares on issue and what the stock price went up to in the last 18 months based on good drill results and this could reflect on positives out of this drill. I do believe over the next 6 months if successful we could hit what I believe to be about the 5 cent mark for a short base and depending on the timeline to get to market after successful drill and proof of flow then we should be good.
Obviously looking at 88e now you will notice it is low again but only because of the stage of which the company is in of getting the oil out of the ground which no doubt could also happen to MPE.
Obviously do your own research.
To buy or not to buy????, page-51
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)