Yes, and here is another one which is even better still:
And this is another one from Peter Henderson about MEL
"Based on the $7.1 million cash held by Metgasco on September 30, the result of the proposal, if accepted, will be to give the company a cash backing of $0.074/share, compared to its Friday closing price of $0.048 per share.
Henderson said the $25 million would be put towards some other use, and while he was cagey on where Metgasco might look, he said the company should be able to say something prior to December’s planned meeting."
Oh yes, according to Henderson, we were supposed to be told "SOMETHING" about where we were going to be spending our money into, before the December planned meeting.
Well, we all know what happened. ZILCH..............Nothing.........Zero.
MEL Price at posting:
5.6¢ Sentiment: None Disclosure: Held
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