For those holders feeling sorry for themselves just have a look at GGP, they down about 85% this year and not looking good.....I feel sorry for them
We all know why MNM is low/cheap/oversold....
We used Fortrend and they tried to kill the SP to make lots of cash in the long term....
Small caps have had a tough year and access to cash is very tough.
MNM has not had much news the past few months and the good news we have had the past year is not believed by the market YET...ALDP/S7 will change that IMO...
POSITIVES
We have a SI who is accumulating and holding LT,,, Our manangement want another 400k in shares soon. Top 40 own about 50% of company. We have ZERO debt and admin fees are about 80k a month... Consulatants and directors taking shares in Leiu of cash. many projects from CSG, black coal,BCE, gold/silver/potential for copper and another clean tech.... IK wants more oppies and has incentives for 2013. (Net Profit is not all about earnings,,,,,its about costs,,,,IK will keep costs down and we will be rewarded long term....)
Today the market is being hammered,,,do you see many selling MNM? Do you believe we have news on the way...
this is a BUY BUY BUY....Zarra good luck waiting for 3 cents buddy....I will sell you a few at 30 cents later this year :-0)
when do the smart buy? when the weak panic most of us are already loaded u and have no more cash to buy more IMO...
MNM Price at posting:
4.9¢ Sentiment: Buy Disclosure: Held