MEL 14.3% 0.4¢ metgasco ltd

$8.60 price target by the company

  1. 5,378 Posts.
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    This Coal seam gas play has a fancy target of $8.60 as posted by the company itself in its presentation. I remembered PES was trading down close to $1 before the move up ahead of AOE's takeover announcement. MEL might worth too add to your portfolio, $8.60 is a 2200% return... I'll be happy if any big boy out there (BG/SHELL/ASIANS) offer this gem at $1. Another CSG play to keep an eye on is BUL.

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