mel is totally undervalued and misunderstood, page-8

no volume into the close again today. Again, suggesting daytraders not willing to hold overnight are absent...
Although buyers of 300k disappeared from .65c in the CSPA, and these buyers were there all afternoon.

Interesting few days ahead.

Should move towards 70c, but face some resistance there.

As someone said previously, may take an announcement of sorts to get through the 70c barrier and head upwards.

Should be announcing a rig soon for some drilling, have some JV farmouts in the pipeline & possible news on the gas pipeline to SE QLD?? Not sure how far this has progressed.