TDmint -

Welcome aboard!

To continue my thinking on this matter......it does seem unrealistic to think that the management of MEO would stand by and allow the SP the drop so much (and the value of their stock holdings with it). After all, as you pointed out, they have to sell stock in order to have spending money (since they get no salary). So they must must be currently powerless to provide the information that the market needs to raise the SP back up.

Having said that, I also believe that the management has to be doing everything in their power to get the project back on track and to raise the SP (and the value of their holdings). They don't strike me as the kind of people who enjoy failure and the accompanying poverty.

So, this is the MEO shareholder quandry. Hold and suffer as other opportunities pass by (though not many are happening in the junior cap universe right now) or sell and perhaps miss the biggest opportunity of all.

Life is full of hard choices.

- Panamax