re: epa issues :: onya dub..nc
Have to admit I was not impressed with the EPA announcement and had decided not to take up my entitlement. Shows how much I know because the share price has gone ballistic since the announcement. Could be manipulation!! There is some risk betting on approval in March but I think it is minimal. MMN will spend the money and get a proper consultant this time. If they did last time, well sue the guts out of the company!
GRANT64, you have sold out at the exact wrong time! Wave 3 of the PM bull market has commenced which should take silver to a minimum US$50 by the end of 2009. MMN will make AUD$5M per US$1 rise in the silver price working on 4M ounces per year production. I will go out on a limb and predict MMN share price will be around $3 by Dec 2009. Those taking up the SPP could have a 10 bagger! There will be ups and downs along the way but the bottom line is that if you investing because you believe in silver I think MMN is going to return substantial future profits.
Time will tell!
MMN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held