I am heartened by the observation that despite my earlier cynicism, it looks like the directors and management have not sold, to finance their options, at least not yet. As our holy friend pointed out earlier, they are without doubt, privy to more information than the likes of you and I. Regarding information, is it my imagination, or does the management regard information to shareholders as something like a foul medicine, to be administered reluctantly and in minimal doses, just to delay the poor shareholders terminal breath for a few days longer.
Take today’s drilling report for example, what did it really say? That’s right, zero!
Yet despite our management teams abilities, Like you I still think MEL has a future.
Cheers
MEL Price at posting:
43.0¢ Sentiment: Buy Disclosure: Held
