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Message: Re: News
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Aug 13, 2008 04:41AM

Re: News

in response to by
posted on Aug 13, 2008 05:23AM

Fubar -

I find your reasoning very compelling. If I follow the logic, the little shareholders have been determining the SP and the low SP is due to a lack of action on the oil front. I tend to agree that the general public doesn't follow the price of NG like they do with oil. To me, however, the discovery of a big NG field is just as good as one that has oil. In fact, NG may be even better since the product can be easliy transported to the nearby (one mile?) NG pipeline hub.= in TN.

If your logic is a true relflection of the forces driving the MEO SP (down), what will it take to get the more sophisticated investors involved in this play? If Mr. Brown keeps the positive NR's flowing will that get things in motion? Obviously, a NR that gives some kind of production numbers (as well as actual production) will really get the SP moving.

- Panamax


Aug 13, 2008 05:29AM

Aug 13, 2008 07:23AM
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