MRC 0.00% 2.6¢ mineral commodities ltd

directors buying, page-5

  1. 9,503 Posts.
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    DingoBlue,

    Like you I have been in for a long time (and not a good time). Given the low price, I see no reason to sell unless it is for tax loss purposes to offset any gains.
    If you can hold, maybe just maybe they will get the mineral sands right or the diamonds right or even an acquisition right (maybe even Sandune's uranium prediction may be on the money).
    Their 30 June options are out of the money, so maybe they will pull something off to get the price to 40 cents (at least i will be making a profit on these at that price).
    They are a major shareholder for ALD which is due to start gold production later this year, and their mineral rights application are due to be granted, so for what it is worth, what is another year of hanging on - would hate to see them rocket after I sell.
    Good luck on whatever you decide.
 
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