management and their skin in game, page-13

Hello MNM holders, Not much to talk about this weekend..

I have been reading a few articles on Gold and Silver. Seems like many are turning bullish on these metals and by the looks of the charts the past few weeks, they could be on the money.

Gold and silver seem to be pushing higher.
Is it due to high demand?
Is it due to continued QE3?
Is it due to a safe haven and hedge against inflation or a US downturn?
Is it due to the trouble in Egypt?

I have no idea but most gold producers are producing gold at more than $1000 and ounce and demand seems to be overtaking supply...

I mainly bought MNM for their brown coal tenements, JV with Exergen and Mt Mulligan but I also love our gold/silver assets.

having gold is one thing but having miles of shears close to surface of good grades is a huge plus.
Knowing that the Coronation IP is three times bigger than our Granite castle JORC is a big plus.
MNM could have well over a million ounces of gold which could be fairly cheap to mine due to its grades and closeness to surface. The silver credits are another plus.

I am excited, Looks like the perfect mix IMO
-New cleaner coal/energy/brown coal resources
-MT Mulligan brown fields resource with good possibility of CSG(100-500MT black coal)
-Brown and black coal in LV
-Plenty gold tenements, IK seems to be aiming to mine the shallow good grade gold for early cash flows...A climbing gold price will definitely support this plan
-great management