MMR 0.00% 0.4¢ mec resources limited

emerging offshore superstar, page-9

  1. 1,570 Posts.
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    My concern is the long delays, and nothing announcements. As in almost every case, the market knows when its on a good thing, and this is shown in the share price. However, it is not showing it here.
    There has been massive hype around this stock, and personally, I would have thought that progress, along with the share price would be a lot different from where they are now.
    Share price struggling to hold the 30c resistance level, and no buying from new players/major investors etc in the know, makes me think things are a long way off, or possibly not as good as the company makes out??
    One would think if everything was as rosy as management makes out, then the share price would be supported at a much higher rate than is present now????
    I hold, but with caution, and hope to be proven wrong with my speculation.

    Noggie
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