Yes, the game is not a good these days. MEO was once over a $1 talking up methanol....never looked at trading it this time around due to history and multiple well plans make it much harder. MEO will recover once the dust settles to provide another drilling or farm out play. There is still good opportunities, PCL and OEL have started to turn around, timing is always tricky as rigs can be delayed and if joint ventures never sign up, but gains are lower risk once brokers move in and ducks are lined up compared to the actual drill program.
MEO Price at posting:
7.4¢ Sentiment: LT Sell Disclosure: Not Held
