Re: Today's news...Love It !
in response to
by
posted on
Apr 23, 2008 06:09AM
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Sierra -
I bet the whole "truth" will come out after they have completed aqcuring the leases required to corner and capture the elephant. A full disclosure now could either drive the price of those lease way up or could even encourage other oil companies (Ie.e. Atlas America) to enter into competive bidding.
I think that is the reason I think that MEO is paying it so very close to the vest. When they finally show their cards, I think we will all have much larger brokerage accounts.
- Panamax