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MITRA ENERGY INC V.MTE

"Mitra Energy Inc is engaged in the exploration and development of oil and gas resources in Southeast Asia. The Company has a portfolio of exploration assets and discoveries within the Philippines, Vietnam and Indonesia."


TSXV:MTE - Post by User

Comment by mike49on Jul 24, 2016 12:53pm
86 Views
Post# 25079674

RE:RE:RE:RE:RE:Be confident

RE:RE:RE:RE:RE:Be confidentI started about the same time as you but added more after the management change,albeit with a different horizon (3 years).these plays can be as much political as monentary and an extended halt may mean that mngt/backers want no leaks or rumours.
I made good coin in vle over a 3 year period but missed the last 40 cent bump to the high but then again,didn't get hit with the crash there now.
With these kinds of companies (high institutional holders)I expect to be ignored,even if the experience is unsettling.
Risk/reward and above all,patience.
Good fortunes
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