MEL - Metgasco Limited

[gff]

Metgasco (MEL) not honest?

MEL is not honest about the huge groundswell of community resistance, as experienced on 5/12/12 during a rowdy meeting with Brad Hazzard. I heard it was an angry crowd of 1000 people, demanding to be listened to.
From the media coverage I take it these people won't easily be moved. This area has a history of successful activism, and MEL could not have picked more difficult tenements.
The recent dip in the share price to a low of 15.5 cents may be a precursor of things to come. Investors have been waiting for a takeover offer, but who is going to take over a hornet's nest? Another Gunn's in the making?

 

[PinguPingu]

Man, I should be in the friends-of-letter-writing-people-that-make-share-prices-double business.

 

[sinner]

See from postings on fb that MEL got their CSG license for Bentley revoked and referred to ICAC? I guess the NSW Libs are trying to avoid a confrontation between the large number of protesters and police.

What's up with the crossed quote on the order board 18 minutes after open?

 

[peter2]

Nice chart for a break-out trader.

A quick glance at the latest activity report shows that MEL is looking for new opportunities in the oil/gas business after selling out it's gas interests in northern NSW.

Will a price break-out precede new business?

 

[Springs]

Metgasco a JV in Vali field look promising Vali 2 exceeding expectations with well results director buying recently on market and Odin 1 could be a riper and still Vali 3 always dyor and DD my opinion Springs

 

[barney]

Nothing on this little fella for a while. Chart showing some signs of life.