MEL metgasco ltd
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el & c baillieu , page-5

  1. ML173
    9,615 Posts.
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    02/03/13
    22:26
    Post #: 11490222
    Exactly right PD... One would think KF conventional gas is the way out for MEL. Why not even mention by EL & C Baillieu ?

    One cannot stop wondering whether KF or Mackellar potential is for real????

    Someone mentioned MEL would has burned 4 to 5 millions on a couple of deep drill holes to date... The cash backing would be down to $20mil (about 5c/share) by Q2....
    MEL Price at posting: 9.3¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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