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...
MNM Price at posting:
14.9¢ Sentiment: Buy Disclosure: Held