Good call on MEO, George. You might have a career as a short seller,..here is a site for you,...this guys daily comments on the market are lots of fun to read.
http://www.intergate.bc.ca/business/jks/
MEO will have lots of competition for vehicular monitoring services.
Current craze for many spec mining stocks is to join the internut craze. Examples include, GEM, SKG, TKI, JDX (still looking) and even REX (will sell their diamonds on the internet). Of course the management quickly issues private placement paper to bulk up the treasury,...and gives themselves lots of incentive warrants and options to personally profit from the move.
MMU release doesn't change the outlook for us yet. They have established that significant volcanic activity was present. That gives us a source of metals (and possibly diamonds). Now they must find out if these metals (and diamonds) were accumulated somewhere in this huge area, in sufficient concentration and quantity, to give us a profitable mine(s). That may take a few years of exploration. MMU remains a long term hold to me. Remember, take a chance, pee your pants. All my attends are gone for the moment. (ggg)
cheers, russett |
