***silver about to skyrocket?***, page-26

re: chart INteresting posts on this one, now that there is a scent of break out about silver and MMN.

Seems to me, I remember some of those making negative comments here at the moment, made very positive comments a few months back in regards to MMN.

I could be bitter too if I thought I had lost the equivalent of 26 - 13 cents on this stock. But I didn't because I did not quit my position.

My view is that silver will rise quite a bit more than it is at the moment, and even more than the high price it reached a month of so ago, and MMN will rise with it, to more than 26 cents.

So, I have been hanging on because I don't trust myself to time my exit and re-entry to MMN, given my past performance, and I will hang on again.

Say what you will about the management and the Texas prospect, they are making progress, and getting a mine over the line and into production is no "get it at KMart activity." It is usually a long hard road with every element of the project that you are trying to put into place trying equally hard to slide out in time and/or rise in cost, in direct opposition to your efforts and wishes.

I still live in hope that they can go into production at a much higher silver price, Australian Dollar silver price, so that there is more tolerance about grade, recovery rates, and it becomes economical to mine lower grade ores, hence increasing the total yield in oz from the mine and the resultant revenue from the Mine.

A rise in silver price, to say US$10, a fall in the Aussie Dollar exchange rate, to say US$0.60, and silver breaking out of its trading relationship with gold, at about 63 at the moment, caused by demand not being satisfied, (all of which is possible from here), would have a very dramatic impact on the critic's view of MMN.

IT IS A SPECULATIVE STOCK.

One just has to work out what view you hold of it and get on with adjusting your position to suit.

Me? I am haning on for a bit yet, and ignoring the heavy breathing from both sides of the MMN fence, except for this post, and just making my own assessment of how hard it will be to get in and out of this stock at various times, and under various conditions.

The volumes of posted sales for both MMN and MMNOA has been much higher than buys on the market depth tables, until two days ago. Now buyers exceed sellers and you have to bid higher than last sale price to get in.

It wasn't too long ago, when the silver price was higher, that buys outnumbered listed sales by a considerable margin, whole multiples in fact.

Abuse does not influence people all that much, but I read the comments because I am fascinated by the motives of the author of the abuse I read on this site. They are all part of the market that I am hoping will buy my MMN when they reach the value I hope they can make.

And I expect to see quite a few more 37.5 % and 50 % retracements in the share price yet, before it gets to the value I believe MMN is capable of. There are some who agree with me in this, many who do not. Doesn't matter, we know how to wait.

Lets enjoy the ride.