MMR 0.00% 0.4¢ mec resources limited

etrade down. .ehats the sp?, page-18

  1. 3,012 Posts.
    Decent volume and still over the dollar , all good.

    As for big gains from here prior to spud , I don't think that will happen as we are still in a bear market were risk is still king over reward.

    Alot of people in various oil and gas plays have been expecting big rises prior to spud and they haven't eventuated.
    The standard line is "it makes no sense , it should be a lot higher" . It makes no sense in a bull market but we ain't in a bull market.

    It will maintain these levels and maybe rise little by little as more news comes in.

    Just my humble opinion , get professional advice.

    DYOR

 
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