Ann: Alameda-1 intersects 670 metres of oil shows, page-75

Today MAY has traded 165 million shares on commsec and the share price is currently lower than it was yesterday.

And we got a very positive ann which logically I do agree small holders would be selling out (which would have a small effect).

But in my opinion

The drilling has only just begun, its my experience MAY's share price is very easily manipulated (call it pump and dump or what ever you want to call it.

The pattern this afternoon is too bring the share price back down under 3 cents reset and off it will go again.

This drill in CUBA, hopefully will benefit all shareholders by once and for all stopping these manipulating actions, which will keep a stable base.


If a group had alot of money its not hard to have bought MAY at 1 cent or lower for a combined $1 million outlay, and then spend $100k and ram the share price up to sell at 3.8 cents and sell all the way back down to 2.9 cents on the best positive ann of the companies history.


165 million shares traded today with only 25% of the drill done our share price should have ended the day at 3.6 cents. with people lining up to buy more tomorrow. With small time holders sipping cocktails with brass in their pockets.

AS I have always said be very careful of MAY as today shows how quick the action happens, today was the quickest Ive seen.

MAY has caught out too many people over the years, and this has left our base price very vulnerable which is highlighted today.

I am more than open to be shot down, bring it on its healthy to get everyones opinion.