MHC 0.00% 0.1¢ manhattan corporation limited

Ann: More High Grade Gold at New Bendigo, page-122

  1. 4,979 Posts.
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    Maybe, Stormer but value in the ground needs to be considered in terms of risk reward for long term. Someone is buying at the lows. Often, a do nothing strategy consolidates a stock in the hands of people who can do something with it. Its a spec, which is for spare change in a diversified portfolio. High grade and rising gold price will drag the price up in spite of management. Grades to date are nothing to be sneezed at. I like to get in on the lows for position as do many others. Sometimes we can be wrong, but that's specs and part of managing capital is copping the odd loss as we both know. smile.png
 
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