Magellan Energy, Ltd. (MGLG)

[hayseed34]

I must commend Jellicourse at least with his loofty goal of $5 he said it would take production and a 1:1000 RS. Most people spouting out $1 or $2 don't make that logical claim or use much logic in general.

Because I respect your opinion as your logic has always appeared quite sound to me I was wondering if you think that we are at a point where .0004 will be the max we will ever get to. Or would be the start of a new base if and when we get some news on production. Of course we always have the possiblity of a RS swinging over our heads like an anvil but I would think they wouldn't do that until they have fully dilluted, and last I knew they had a ways to go on that before they are there.

Have a great weekend Ryno and all other super, and I mean super patient MGLGers

Hayseed.