Club Mulgoa

Thursday, March 03, 2011

MEI

Andrew McCrea wrote about this company. No big dramatic effect on it unlike other companies he reviewed.

When the company made a recent announcement, it plunged. The drilling result was not fantastic because it was at the periphery of the lode. Would I buy more? I asked Andrew and he said that with the rise of the price of oil, the US market might be badly affected. So the in-between-lines answer is wait and see.

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