"fakeshark i cant see that the price of coal will have any bearing on this company at this stage,'
I see Colin
So if Thermal coal rallies during 2013 like Iron ore has been rallying it is not relevant to MNM??
Wow, Interesting opinion but you wrong as Vertigo says....
Commodity prices have a HUGE effect of all shares who have good assets/projects. Why do you think most Iron ore stocks have been rallying hard the past few weeks?Co-incidence ha ha
Increased Thermal coal will mean bigger profits from BM. It will mean that if the LV Pilbara starts to gain traction our MNM Tenements may just be seen as more valuable too.
It may help Exergen to raise funds...
Its all about profitability and the higher the thermal coal prices the better for MNM short and long term,,,FACT
best time to buy the small caps is during tough times and when the particular commodity is at its lows...I like buying cheap and I follow commodity prices very closely...
I am sure the people who bought good gold stocks a few years ago when gold was $400 an ounce are happy, especially if they in production now and have good managment, low costs and big resources....
MNM has good management, big resources and hopefully low cost production in the future...yes we have hurdles like most shares but if there were no hurdles MNM would be trading at over a dollar already...
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