MAY 0.00% 2.6¢ melbana energy limited

May Chart, page-5954

  1. 338 Posts.
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    Hi W3

    I have alot of respect for your knowledge

    and I totally agree on what you have just stated if new drilling hadnt started to date.

    I personally believe because oil has been proven and cash in the bank with what was a very low market Cap.

    There had to be a fairly safe level which couldnt be compared by previous charting which was created from our second drill disaster

    it must be very hard for you with all your knowledge to break rules against your charting? -

    based on under 10 cents was always going to work its way back to 10 cents even if it was in the first or second wave.

    From where I am standing - away from the charts - this run from 4 cents was like watching a tusami.

    Hopefully you wiil reply thx

 
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