AUL 0.00% 28.5¢ austar gold limited

new week for mnm, page-7

  1. 4,255 Posts.
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    I agree with your comment about MC BR,,,myself and akq have had this discussion several times.

    People seem to "think" its easier for a 2 cent stock to go to 4 cents than a 10 cent stock to go to 20 cents......?? rediculous misconception...

    Sometimes I even wonder if people even know about MC, oppies etc etc..

    Next thing that boggles my mind is company cash burn/overheads. This is probably one of the single most important things I consider when buying a small cap.

    Peole don't seem to realize that the money being spent, sometimes wasted by management Normally comes from shareholders or debt funding...

    Even if a stock has a great asset BUT has greedy management, I refuse to buy the share,,,why?
    Management will ay themselves to much, and shareholders will be left with peanuts....

    Oh well,,,,IK I love your work :-0) Even though I love the assets and all the decisions you have made the past few years to set us up....Most of all I am happy you do not have a big staff on big salaries and wasting cash....SMART

    I am a very proud holder and I have recommended all my friends to buy shares...
 
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