True kk,anyone who invests in mae bc of current mgt has not considered how past announcements fell well short of expectations without an appropriate explanation to stock holders. However,imo,Anyone who can't see the potential of mae's resource base,anyone who can't understand the importance that financiers are continuing to bankroll mae and anyone who doesn't appreciate that JC has succeeded in convincing the financiers that JS has the potential to grow mae,then you don't belong on this thread. Also like to correct other allegations you have put forward.Fortis does not own mae,we the stock holders do.My previous posts highlight how as the result of the successful extension of existing loan facilities,the propability of default is highly unlikely.Why would they allow mae to roll the dice for a 3rd time if they didn't believe there funds were safe? In such event,imo,the Board would have been personally liable and they don't want that.They want their rich pickings. The more I think about it,the more I think the Board,quite possibly,put there proverbials on the chopping block.
Hey kk,what do you believe sp will be when they produce the first,of many,1 million cubic feet of gas per day?
I belive if that was announced,the sp would go straight to 0.15cents which means those who bought in the last 48 hrs will make close to 100% profit.
So how low do you want to down ramp mae before you buy in.
Just my opinion.
MAE Price at posting:
8.8¢ Sentiment: Buy Disclosure: Held
