Absolutely nothing to gain by bagging out your (our) own investment choice. Far better to think of a constructive way to convey your concerns to management.
If you're unhappy with JG's remuneration - voice your concern directly to the company as a stockholder. I'm not gunna proffer my views on the topic.
I'm 100% behind dfl's comments & agree with what he/she said - sell up if you are unhappy.
I bought a stack of MYG heads at 7 cents - now at 11.5 - yeah, would love for them to be much higher - but - MYG are kicking it in my portfolio. Not long now till finance - after that, things will get interesting. I'm happy to keep holding.
Be patient!!!
LeDerp - although I appreciate your NPV & other fin. calculations, your views on MAT are hackneyed. I've bit my tongue for some time now, but just can't swallow your constant criticism of MYG - while pumping MSR at the same time.
According to your view, the only diff between MAT & MSR is that MSR has a better IRR & MYG is on the path to massive dilution. The 2 main points you consistently fail to acknowledge are:
1. Manas have only committed half a mill to test previous drilling - with 1.5 mill held back following evaluation of results
2. Sovereign risk - this is something you massively avoid - never doubt the ability of countries to nationalise their resources at the last moment. Never underestimate the will of people - think - LYC.
I'm a true-believer in MYG - as a 7 cents buy-in - I'm looking at a 42+ cents exit...maybe....
Deme
MYG Price at posting:
11.3¢ Sentiment: LT Buy Disclosure: Held
