MEL
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0.00% 0.5¢ metgasco ltd

$8.60 price target by the company

  1. oppietrader
    5,377 Posts.
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    09/02/09
    16:24
    Post #: 4776494
    This Coal seam gas play has a fancy target of $8.60 as posted by the company itself in its presentation. I remembered PES was trading down close to $1 before the move up ahead of AOE's takeover announcement. MEL might worth too add to your portfolio, $8.60 is a 2200% return... I'll be happy if any big boy out there (BG/SHELL/ASIANS) offer this gem at $1. Another CSG play to keep an eye on is BUL.

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    MEL Price at posting: 37.8¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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