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maganese, page-9

  1. 173 Posts.
    Hey guys, have it ever occur to you that if you can drive pass that magnanese field daily and see all the minerals, why does it take 1 year for MZM to discover that site? What will they find next? Perhaps an UFO sitting in another area? Physically the soil samples of your mining area should be the 1st thing to come across when you do a survey when you actually got that land. Trying to impress something in your backyeard after 12 months isnt impressive enough i would say. I think inexperience is the correct word. Secondly, with only around 2000+ shareholders in MZM, wouldnt it much cheaper to raise fund through us than sophisticaed invstors? If the answer is they need money fast, the question is then why so fast? Its 15M shares you talking about. Thats a lot since our market issued shares is only around 40M currently. Thats about 50% increase. All these can only mean one thing. Bad management.
 
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