AUL 0.00% 28.5¢ austar gold limited

a interesting read, page-17

  1. 337 Posts.
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    "The MNM SP is a product of a crappy market.
    The MNM story however has never looked better."

    Look, I can't agree with the first point, entirely.

    Yes, the market as a whole has seen decline, but really, since i last posted, MNM has achieved...... not a great deal.

    Before you attack me with indignation, be assured I am not here to gloat, or downramp.

    Those who have been around here for a while, will note that I cautioned new investors not to get caught up in the MNM ramping of some on these boards. That was at around 15c/SP.

    I said:
    Beware of CR.
    Beware of Carbon Tax.
    Beware of Greens.

    That was reasonable and balanced IMO.

    I was told:
    Court case settled.
    JV coming.
    Blue sky.

    That was finger crossing IMO.

    DYOR.

    Back to my point, I can't agree that the 60% decline in SP is due to "crappy market".
    Anyway, is just my opinion.

    Dunno about the MNM story never looking better, but is a darn sight better at 5.4c then 15c.
    Even I am tempted again.
    Maybe at 4c. After the next CR.

    GLTA.








 
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