GREY:SKNAF - Post by User
Post by
BennyFarmson Feb 15, 2013 8:55am
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Post# 20994142
Well Production
Well Production
The More I research MNH the More I am convinced that some real momentum is going to built behind this Co near term. Insiders would not loaned $2.5 Million (unsecured) if they did not believe in the near term prospects. Insiders have a lot of skin in the game(40% Ownershi) . Last year at this time the Market Cap was flirting with $40 Million. They seem to think they have a handle on their production as indcated from their last NR. I wonder if they perhaps overlooked/downplayed their Production Capacity a few months back and now are ready to Spring Good News on the Market from those wells. Not only that but those NON Core US assets IMO are ready to be diveted & Monetized. That kind of Money would have a profound impact on the Market Cap which sits at depressed levels