sentrys latest appointment, page-2

My target for MHL of 1.5 cents is looking good, although I think they can go under 1 cent/share if they keep stuffing around and market conditions deteriorate more.

The first step for a rerating of MHL is to stop negotiating with Sentry/Medina who will simply screw them (us) for all they can. MHL need to work with a major, not some tin pot company that itself needs capital injections.

This whole deal with Sentry continues to smells worse and worse. That is why one of MHL's directors sold out, in my view.

No doubt MHL's tenements in K-stan are prospective of oil/gas but I doubt MHL shareholders will ever get much out of this. OK, we may get lucky and in 2-3 years time perhaps reach 10 cents pers share, after many price gyrations.

I am still hoping MHL management will have a change of heart and do a deal with a real oil company.

loki