also need to remember that not all the holding that MPO has is prospective... add to that depending on where you are situated will also enhance your chances of finding gas...and also increase the value per acre. MPO's holding near forest is great but only a small portion of the lease, they have a large section of the outskirts of the Utica shale that is very much unexplored and in the past considered not great for gas extraction... its an area known as the hot line... not expecting to much from this area, if anything commercial comes up will be a huge bonus...
will be very surprised if we don't announce some form of farm out soon... been told that some managemnt are o/s coming back next week... as trying to organise a meeting for some other matters...
news could come from anywhere though...
I was actually recalling to a friend how different the MPO thread has become since the consolidation... we now have a thread that you can read all the posts in a short space of time and actually gain somehting of value...a link to some news article, a broker report, an opinion, a question answered... its a credit to those that have been on the thread for a while and understand the fundamentals of the company...
I said it back then and I'll say it again management did the right thing by consolidating the stock... better for the instos, better for the investors, less day trade rubbish and great for the MPO thread!
now can we get some news... we want some new info to discuss....lol
MPO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
