MEL 25.0% 0.3¢ metgasco ltd

why all the sellers this morning, page-15

  1. 27,626 Posts.
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    have added today at 47.5,

    common sentiment, long term upside,,

    if Kingfisher is the beginning of a discovery, it is a question of when we will be t/o for a decent premium,


    gut says they will need the next 12m to show some further exploration on KF, but MEL surely on the radar of institutional investors, who want to position before that occurs.

    so, as to when they begin positioning is anyones guess.

    47.5 cheap enough for mine.
 
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