Well , I said it a long time ago..."I would sell this stock when it was worth a few dollars or a few pennies." Finally, I got tired of it all and sold some of my position. I took a big loss but at least I raised the MLORF price.

I still think that crude oil will be much higher in the months ahead. I put my meager capital in DXO to try to benefit from that rise. MEO is not currently in any position to rise with oil or NG.

MEO (and MLORF) could still rise considerably in price but management has got to take some positive steps towards production. This market rewards achievers not dreamers.

- Panamax