AUL 0.00% 28.5¢ austar gold limited

mnm and its future, page-27

  1. 3,132 Posts.
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    "Simple make the most of the good price's she goes up she goes down market is getting hammered "

    You are spot on super, the market is a disaster for everyone and will continue in this vein for quite some time yet.
    One of the problems that Mantle has, which is affecting us holders is the Fortrend facility is now diluting our holdings due to the continual slide in the share price.
    The management needs to address this problem as a lot of potential investors after noting the very long term time frame for BM to hopefully one day go into production and that has turned them off of MNM and looking at other opportunities.
    The gold assays so far have been extremely disappointing and we need some spectacular results from the remaining areas to turn that around, the interesting point from this is that IK has stated that they are going to do follow up drilling so with that in mind you would expect the remaining results to be a distinct improvement on what has been notified so far, otherwise why waste our limited cash?
    I continue to hold but i just hope the potential of Mantle is realised before i cark it!!!
 
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