Blackstone has 25% fewer shares, with only MEO for an asset, and their shares trade at $2.00+. With big results, how much higher will it go? $5?? $2 is based on potential results, and reading between the lines of MEO's NR's. $5+ is realistic.

Therefore, $1.50 for MEO will be chump change. We invest in penny stocks for a big payoff. Encana and similar sized companies can double your money, or better, in the time that many of us have owned these shares.

MEO stated that it was hunting elephants. I want similar sized returns for MEO having my money and patience - however thin it's running.