MMEX Resources Corp (MMEX)

[fourcloze]

4 things here IMO:

1) MMEX will not move drastically until either financing is locked up/valuation released and/or permits approved and in place.

2) KPE

3) Trinity

4) Oil in Permian Basin

The first one is very important, but the next 3 just seal the deal. Patience. Yes, you will be able to trade this all the way into dollars, however once one thing in #1 comes out, you will be chasing like dogs chase squirrels!

My largest concern is the outstanding share count. Hopefully no R/S, but if they would ever consider being listed, may have to happen or company takes/buys some back. However they do that and if they can do that.

If I trade this thing, it would only be with about 1/3 of my position as would NOT want to be out when the big one hits the wire. Good luck.