Hi Big Onion,
No probs. Happy to help out. Not a lot of insight into it. Just a quick thought. I know CR's aren't popular for obvious reasons... especially when they are too generous.
I just spent ages writing a longish response but upon re-reading thought it came across as a bit self-aggrandizing... so I deleted it all.
To summarize basically... I'm not anyone special... but I have a number of accounts with brokers. We'll get the term sheet when it is ALREADY in TH (So it's not tradeable info anyway for the conspiracy theorists)
I don't get on HC very regularly (just don't have the time), and generally don't post too much unless I think it might be useful. There are way smarter posters on here that will give much better info on pretty much every stock that I own.
Including MEU which I am only relatively new to.
As for why I hold MEU. I hold small parcels of PTR and MEU. I picked up a little PTR after it started to run and, in researching that, picked up a little MEU after. Both are speculators but I like the story and what is happening in the area. I won't give a valuation because I don't like just throwing my uneducated guess/opinion out there, but IMHO both my valuations are higher than current SP by at least 40% which is my minimum metric to give it a go. As always, the proof is in the drill pudding and both have newsflow coming, which I like. Happy to hold and see how it plays out.
I did partake a small parcel in the CR. It is at a higher price than my original buy in but I'm comfortable with that. I plan to hold.
Nothing exciting I know but hope that helps.
Cheers.
Add to My Watchlist
What is My Watchlist?
