not wishful thinking. As for clues - it is my gut feeling, considering that :
- MMI is now priced at ~ 4% of its peak in late 2010
- now has boxite as well as coal
- trades / sales track shows buyers coming and volumes rising
- current market cap of ~ 12m ! Subtract cash on hand and it will be close to ~ $7m. Come on ! 4.5 billion tons of coal for $7m ! This is 0.15 cents per tonne ! And boxite as a free gift. I don't have millions on hand but there are hunters who have ...
MMI Price at posting:
4.2¢ Sentiment: Buy Disclosure: Held
