Club Mulgoa

Friday, April 08, 2011

MEI

Whenever a company put out an announcement that is bad, it gets hammered. That applies also to stupid drilling, bad drilling, poorly considered drilling, wrong rig for the job (not deep enough, not tough enough), drilling in the wrong place, drilling at the edges, drilling at spots known to be peripheral, etc.

So MEI acknowledged its problem but it never recovered and was sold down. So I bought! Wish me luck when the right area and depth are drilled.

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