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joegoog23

09/05/08 10:10 AM

#8437 RE: laser83 #8436

Not too sure about a dollar, but they hit a 2-3 week delay in their drilling @ in Noble, OK. We're waiting on numbers for the 2 wells drilled there and possibly more info on the well they bought a 5% interest in.
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Tops $ Bottoms

09/05/08 10:12 AM

#8438 RE: laser83 #8436

IMO your expectations are to high and that will frustrate anyone. I highly dought MMTE will be a dallor soon >>> I'm hoping for 3 pennies which I can see that happening in months.

1 dallor is just a litlle to dreamy if you ask me and it will never happen with 1.5 bill shares a long with what is projected production. BUT 3 cents to a dime is possible IMO which would be great !!!!

jason
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oilin07

09/05/08 3:17 PM

#8451 RE: laser83 #8436

A market cap of 1 billion, 500 million dollars is very very unlikely for this company anytime within the next several years! I can see maybe an eventual market cap of 150 million which would equate to a .10 stock price.


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webprods

09/05/08 4:44 PM

#8456 RE: laser83 #8436

let say 0.86..in this fall time.MMTE is much stronger then MGLG and they went thru 0.89 last year