I've been watching this for a while and the announcement actually got me interested enough to buy. Very little inspired me before. Unfortunately at 4.1...and I thought that would be at, or near, the bottom. Never mind....
I am intrigued by this. Someone sunk $13mil+ into this crowd. With little in the way of direct involvement. They must have been fairly confident of a beneficial outcome and they stand to gain considerably if this drilling campaign delivers. But so does MHL. If they get lucky and find a couple hundred million bbl....my calculator tells me that it will be smiling. If they find something spectacular...we can all retire to our beachside mansions...LOL.
I'm intrigued that the U drilling has commenced according to one poster. Wonder if that will be dwelt upon at the AGM....with maybe some clues towards results?
MHL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
