MEE metex resources limited

Got a sneeking suspision that the 800k will disappear like magic...

  1. 58 Posts.
    Got a sneeking suspision that the 800k will disappear like magic tomorrow just before the open.

    Personally think it will have a slight push back - 10 - 11c again maybe even slightly lower. But is not earth shattering news. They need cash, we all know it, and this is the quickest and easiest way to get it. Hopefully they have lined up a drill rig (not easy to get as we know) and they announce the start of drilling on some Uranium in the next couple of weeks. This will see an instant jump back in price to a more healthier level. Hopefully they drill like mad get some promising results and we will see them attempt to raise more cash again from share holders at least $5M by mid year.

    Only my opinion but so will see how it pans out.
    Long term but can not go wrong - clean coal, uranium and promising gold JV with a large partner - be hard to go to far wrong for a spec at 10c.
 
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