MEL 25.0% 0.3¢ metgasco ltd

share price

  1. 5,167 Posts.
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    As a long term holder i have seen the price fall 80% since june after some very substantial reserve upgrades.
    Has MEL been oversold bigtime in relation to other coal seam gas co's or am i missing something?
    They seem to have good cash reserves so i'm wondering any thoughts from other holders?
 
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