sp, page-5

L

Appreciate the rant. Very subjective and not greatly objective unfortunately...but hey, that's a sign of the current market sentiment isnt it?

Speaking of the market, please refer to the following as a good comparison.

http://au.finance.yahoo.com/echarts?s=MNM.AX#symbol=mnm.ax;range=20110422,20111007;compare=mhm.ax;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=;

I wonder if many would sit here and say the same of MHM's management, or even better, what about RIO and BHP?

Both of those are down 20-30%, but are they poorly managed, not making money, not powerhouses in Australia, etc.

Whether we like it or not, small speccies are at the mercy of the market and are the first to get bashed when market sentiment is where it is. If the RIO's and BHP's can come off 20-30% (and they are making billions), then it is rational to think that a small cap with little/no income (albeit great potential) will come off a lot more.

I've said it before - the fundamentals have not changed - just the market sentiment. Sure, we'd all feel more comfortable with Mt M and Exergen JV finalised, but I do not see where MNM management/direction has changed from anything they have released to the market previously or any info which says that Mt M and Exergen JV are still not progressing.

HM alluded to in some previous posts as to the potential MC and subsequent share price of MNM. It is greatly undervalued (but maybe not to some who are adverse to risk in this market)..and hence they sell...dragging the crowd with them on small volume. So be it, that's their choice.

For me, I'm holding tight, buying more, taking up my full allocation of the CR and some and will continue to do so until this little beauty comes to fruition and/or the direction changes.

At the moment, apart from market sentiment and some delays - nothing has changed - so to me, at 6c this is a bargin.

Each to their own.

Cheers K