GREY:MPRXF - Post by User
Comment by
threepalmson Nov 22, 2011 10:19am
167 Views
Post# 19257081
RE: RE: Headways
RE: RE: HeadwaysAt this point if we have had no success getting past this troubled area it might make sense to either move the rig to hole 3 or bring in another rig for hole three.
I have to agree that at this point hole 1 could go either way.
Having said that whatever the situation it should not effect the stock price much in a downward direction as the troubles with Hedway are already factured into the share price in my opinion. We are already trading well below value here based on the proven and probable ozs.
The tides should turn soon for both MGP and KBG.