fubar -

You are, once again, "on the money" on this one. Whatever "dramatic effect" or "secret land acquistion" MEO managment hoped to achieved has long since slipped away. Now is the time to lay the goods on the table and letting the bidding begin. We (the long-suffering shareholders) should be able to finally see what resources exist at JB#2 (and the related projects) and then let the marketplace establish the real value of MEO (and MLORF).

I think that any forthcoming revelations would lead to a much higher SP than we have seen for the last 6-8 months. Perhaps I'm naive but it seems that people would start buying and selling the stock (volume) if they had some relatively concrete data concerning the stocks future prospects.

As others had pointed out, insiders are no longer accumulating at these levels so there is no longer any reason (either individual or corporate - see my 1st paragraph) for holding onto information any longer. Everyone knows that there is a NG structure in the general area. The only question now is.......does MEO own land over it?

- Panamax