There are a few Oz companies that have been drilling in NA and not many of them, if any at all have prospered and their sp going ahead like the wind.
STX is one of them that quickly comes to mind. STX is one of those companies, that I have put my money in for years and years on end, and, where are we in STX today that we weren't many years ago?
ETE is another one that didn't do much for me either. Same story there.
It is my opinion that, unless we will totally deregister from OZ and shift lock stock and barrell totally and solely in NA, things will drag along in the same ways. Aussie investors IMO prefer their money being tied up in Asutralian operations.
I would love to be proven wrong though. I really would.
DYOR.
MPO Price at posting:
51.0¢ Sentiment: Hold Disclosure: Held
