Does anyone have a copy of the report that states $14???
That sort of valuation for Canada alone implies a value of $1220 per acre for all of MPO's acreage.
Lets get our heads out of the clouds hey.... We all know that there is a lot of value here, but $14 is just fantasy in the near term.
How bout baby steps... lets get back above 1.20 first. This will trigger some technical based buying. Big target to break convincingly is 1.40... which should see a move and consolidation at 1.60 and above. From that platform we can hopefully finally move up to $2 and consolidate above that level. Any decent sort of news should be good enough to turn this around as sellers have dried up, but buyers aren't urgent enough to get in.
MPO Price at posting:
$1.11 Sentiment: Buy Disclosure: Held
