mmn still sliding short sellers, page-11

Oh Hendrikc

The share guru who provides copy and paste analysis ridiculing anyone that writes bullish comments on the only three stocks he follows. Actions probably brought about due to his suffering significant losses on them in the past. Sorry, tell a lie, he's been trying to pick the bottom in PGL for months!INL,MMN,PGL!! Surprised I haven't seen you on the SBM thread!

in response to your unsolicitored downramp(yet again) I will respond to you.

I offered reaons why I believe that MMN's cash burn is no where near as significant as others would like you to believe. I also offered reasons why i believe MMN are significantly under valued and the chances of a significant share price re-rating within four weeks is on the cards. You just drag up the same old same old argument not bothering to do any current research. Youy arguments have not changed in six months whereas MMN have implemented or are implementing new equipment and processes to improve silver recovery. As I said before, leach pad operations always suffer set backs during commissioning which could take up to two years to achieve projected targets. The inability of the EWC to recover grades below 40ppt and the contamination of the silver powder due to by products (zinc) was not identified during lab tests but are being addressed. MMN have identified most of the problems and are going about rectifying them. Some of those solutions were completed in the June quarter and I expect an update in the quarterly. Noting that MMN had a substantial amount of low grade silver in solution that the EWC could not recover I expect the silver recovery for June to surprie on the upside as they now have a fully operational merril crowe plant recovering this low grade silver. Once the leach pad upgrades are completed in the September quarter I would expect MMN's share price to out perform. As for the statement that the people that took place in the lst capital raising are unhappy I have to agree. What i am now saying is that their unhappiness will be short lived and MMN should start to trade at levels that the raising took place at. Now if we look at comparable companies like CTO,SBM,CXC then if MMN' price achieved 20c the MMN share holders would be significantly better off than they would have bee had they invested in those stocks that are trading at new lows. Whilst MMN i also trading at a new low it only takes one mediocer announcement amongst the three or so we expect to double the share price. Something I cannot see the three stocks mentioned prior being able to achieve. Risk/reward wise MMN is a no brainer!

The June quarterly will provide all of the details!