AUL 0.00% 28.5¢ austar gold limited

Ann: Mantle Investor Presentation , page-42

  1. 12,636 Posts.
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    Frank,

    What you just said is exactly why MNM is still at 11c and not $1... If they did state their exact plans/deals/markets/costs/timelines then most likely the share price would be much higher than 11c...

    What you are buying at 11c is a speculative share that, over time, boxes will be ticked and share prices will rise... Time is the key here, nothing is ever done overnight, mines don't start overnight, profits aren't in bank accounts overnight... There is alot to be done before we have profits in the bank, alot needs to be done for a mine to start production...

    If you want more certainty with clear profits etc, then invest in stocks like BHP because you get what you pay for...

    For me, 11c is a very good price to pay for a speculative stock with high potential, we just need this potential to be realised OVER TIME...

    Patience is the key here
 
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