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Originally Posted by drillfix
Wow, what a breakout on MEL today hey.
Another chart added showing daily and intraday and as posted above, sorry for the wrong HZN chart that was in the link previously.
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Up 24% today, not bad for a days work.
Cant see any reason why it wont keep going up either.
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Originally Posted by Pumice
Up 24% today, not bad for a days work.
Cant see any reason why it wont keep going up either.
I think there is still accumulation going on....but not pushing the price to hard...
Attachment 3646
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FD,
Probably one of the best CSG stocks you can get your hands on. See you Saturday I hope.
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Originally Posted by bermuda
FD,
Probably one of the best CSG stocks you can get your hands on. See you Saturday I hope.
Hi B,
I bought into MEL for it's resource in these volatile times....and playing around with the chart.
I will be working at the Home show Saturday but hope to pop in on the way home to catch up...
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MEL continues to climb even on the down days, broken out of recent trading range to the upside on a day like today....
Attachment 3689
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MEL is still on my watch list and I noticed selling pressure had reduced so jumped back in on gas sales agreement ann.
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I also saw this today. Good news has been a bit thin with MEL of late.
I wonder if the farmers see the irony in taking the cheap CSG from MEL.
The locals (famers) are very anti CSG.
I have been accumulating since July. They still seem hugely undervalued IMO.
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Originally Posted by Pumice
I also saw this today. Good news has been a bit thin with MEL of late.
I wonder if the farmers see the irony in taking the cheap CSG from MEL.
The locals (famers) are very anti CSG.
Yes it almost looks like a clever political move to keep the farmers and poly's happy...
Originally Posted by Pumice
I have been accumulating since July. They still seem hugely undervalued IMO.
agreed there large resource never seems to get reflected in the SP
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MEL in a trading halt pending an anouncement today or tomorrow.
Hopefully good news following the NSW O'Farrell Government yesterday renewing 21 CSG exploration licences.
Could be one to watch...
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