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Message: Re: What I Read Tells Me So Much
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May 21, 2009 07:32AM

Calgarian1 -

I think that everyone here believes in the potential of TN. Our problem as been, to date, that MEO has not been able to build on that potential. I agree with you that the problems have as much (and maybe more) to do with the partners actions as MEO's (though they have done a lot - by not doing much at all - to alienate their shareholders over the last eighteen months).

The real question continues to be - can MEO put together a project that actually has some viable production in TN? And can they do it without heavy share dilution?

I think that lot of people would be willing to invest in this company if the management would just come clean with what they have and what they plan to do with it. As you have stated, other companies are following in MEO's footsteps (drilling deep) so MEO no longer has any reason to hold back any information that they have derived from their efforts to date.

- Panamax

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