G79 0.00% 2.7¢ goldoz limited

Ann: Appendix 3B, page-159

  1. 68 Posts.
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    I agree 'Oz, Wom Dav and others' a lot of panic selling on fear on CN by short sited traders looking at the numbers only (and a little bit of the FOGBA, fear of going broke again from some). I think the classic example is the post that contained the quote from 'Motley Fool' and even though it was back in March it sums up how a lot of investors view MUS, looking at the surface trading numbers only without looking deeper into the potential of the company. MUS is so different to any other resource company re its commodity, ease of recovery and short lead time to monetary return that most investors struggle to comprehend its potential. Meanwhile most of us here on HC just look at the long term and accumulation potential presenting at the present time. It doesn't really matter whether we are tempted at 8.2, 7.9 or if it even goes lower today or tomorrow, Nov. 1st will see the buy rewarded if the potential is realised. The actions of the CN will have a relatively minor impact in my opinion as I agree they are most likely to sell into strength and thus to a positive buyer looking to share in the success of the company. IMO DYOR
 
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