mpjo .001 offer , page-18

Mr 47
I don't think you should say I'm unwell,
I don't know why you associate me with cfr
and you have your facts wrong.

I bought cfro at .003 and got out at average of .008 as I thought it was overpriced (overhyped) until news came out.
I'm out of it but it still has a better chance of getting to 2cents by november than mpj getting to .009 by july next year.
I was just making a comparison with mpjo and aft on the volume of each with no gain.
Mpjo yesterday 90 million @.001
Mpjo today 51 million @.001
Aft today 1 million ,103million for sale @.001

Mpj don't have $10 million but probably that much in assets which is probably .006 nta at the moment.

They haven't started drilling yet and for a company that spends $1.5 million dollars a year on administration you'd think they would have a monthly nta instead of using march figures in their june quarterly.
Apart from ago I don't see a lot of prospect in their other assets and we won't know if they sold down until october.(wet down another 8% last night and cld 12.5%)

Of the 63million mpjo for sale at .002 its most of what was sold yesterday which is just like aft. Buy at .001 and stick it in line at .002 but it should never get to .002 until the heads are at .008 with their track record.
It would need the heads to be at 1.2 or 1.3 for it to be worthwile to exercise .002 options.
I'm not saying it won't get there but some fool will buy the options at .002 once the heads get to .006 and then 100million mpj bought at .005 will be dumped and the cycle starts again.
One last thing,everyone bitches about the management in which they hold stock but its one of only a few that have done the least for their shareholders even through the boom times (except one P/D)but that doesn't mean I won't trade it if they come up with positive results..Cheers