re: (mmno's) - 12 cents looking good
Don't under estimate the fact that MMN is dept free and thus hedge free going into production! Just read Jim Sinclairs article on what could happen to companies hedging their production to get financing in a worse case scenario. Jim seems to think that 90% will disappear. I hope for BSG's sake they do not have to hedge to get finance for their operation. The MMN way whilst dilutionary, looks to be the smartest avenue for obtaining funds.
The oppies are definately the way to go! I am trading in and out of the shares and building up my holdings in the oppies as circumstances permit!
MMN Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held