MEI 4.44% 8.6¢ meteoric resources nl

Ann: Exceptional REE Drill Results Outside Inferred Resources, page-41

  1. 574 Posts.
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    MEI has a bad track record getting projects off the ground (multiple projects have never made it to DFS stage). I think Tunks is good in front of the camera and good at getting investors excited. Price rose to 30c on the back of a lot of hype, and eventually reality will set in that this project still needs a lot of drilling, a lot of studies and a lot of money before it even gets close to production, and this will take a lot of time. Time and patience are two things a lot of investors don’t have, and often leads to a slow decline in share price. Why not bank some profits now and keep the project on your watch list to see what happens, new highs are a long way off. I’m not saying MEI does not have a great project on their hands FYI. All IMO.
 
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