MEL 0.00% 0.5¢ metgasco ltd

PDI was thinking similarlyEuro dramas are not over ... but as a...

  1. 8,044 Posts.
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    PD

    I was thinking similarly

    Euro dramas are not over ... but as a sharebroker friend said recently, hopefully we have moved out of crisis into big problem .... markets can handle problems...

    some say that if Obama gets back in, and it appears increasingly likely, the US sharemarket is stuffed due to the economy getting even more stuffed... you know, the usual socilaist trick of spending other peoples money and if they run out then borrow more ... red tape, like here, is killing their economy !

    Draghi came out with a market pleasing plan last week, the german court said OK last nite, the FOMC tonite ?

    so many things can and could have gone wrong

    so, yes they need money, so get it in the door while the world isnt falling apart,

    and if doesnt fall apart, then MEL has money to last another year, by whcih time markets could be cooking, more gas is found and we are taken over at a dollar ..... I would sell at a dollar ( but then if it rocketed to a dollar, I bet I would hang on for more...)
 
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