MEL 0.00% 0.5¢ metgasco ltd

I can understand your frustration with MEL, Peekay. I, too, am...

  1. 452 Posts.
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    I can understand your frustration with MEL, Peekay. I, too, am losing in a small way. At least two things are important here: 1. Local politicians will react to local opinion and those opposed to CSG and gas generally have been very articulate and active with those in favour perhaps not presenting as good a case as they should. 2. I find it hard to believe that a judge will fail to see the political nature of the suspension of MEL's drilling- judges vary a lot but are not, in my view, stupid! I have bought a few more at the depressed price of 2 cents- hard to believe they are this low. There is a valuable lesson for those who trade on the net, like me, always spread your risks and do not be afraid to take a loss.
 
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