There just isn't too much too post about here. It appears that the SP wil continue downward until MEO does a NR.
I just can no longer understand why BC and the rest of the project partners can't give the buying public some kind of update. Since they all own stock in this venture they have to be hurting too.
It leaves me with just 2 possibilities:
1) There is really nothing they can do at this time to alleviate the SP's downward draft (i.e. they have no news); or
2) There are willfully drving out the weak hands before they release the NR.
Either way, it is tough to hold MEO right now. But to be honest, it is brutal to hold most junior natural resource stocks right now.
GLTA
- Panamax