MAY 0.00% 3.5¢ melbana energy limited

Ann: Block 9 Alameda 2 Appraisal Update, page-296

  1. 2,164 Posts.
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    It's good buying today I sold 2/3rd my holding for a gold miner in Jan. I foolishly bought a bit back the other day for this result.

    To sum up it wasn't the Big Bang announcement the traders wanted to drive the price up to 20 cents in a hurry. It's a bit premature or wishy washy atm until it's clarified how big / significant the Amistad project is.

    The fact AP said it's already justified an Amistad project alone with zone 3 is a subtle hint it's money for jam imo.

    It might give me time to get back that 2/3rds plus some.

    Buy the troughs sell the peaks it's a long time to production it seems.


    Would be nice to see they are mobilising a second rig jsut for the Amistad and it's not going to be another year wait for permitting etc.
 
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