19 August 2013 KRC was 4c and is now 12c, MNE was 3.4c and is...

19 August 2013 KRC was 4c and is now 12c, MNE was 3.4c and is now 2c.

KRC is an Australian company whom fell hard in previous years due to poor management and were revitalised after a number of changes, and as a consequence were confidently invested into many portfolios. They didn't have a new project on the 19th of August, but they do constantly have share buybacks and a third of the share registry aiming to produce completely different resources than MNE in an Australian climate.

MNE has three times the amount of shares on issue, located in Chile and is purely vein mining with our own mill. Yet everyone understands investment into offshore companies is much lower than companies onshore. You cannot expect the two companies to follow the same avenue in share value, they are two different companies with two different purposes at two different stages with two different histories.

Even if you are to compare share values, you've done so at completely different times of their wave analysis, MNE is in consolidation while KRC is at the end of an uptrend. You could do it at the start of March, we would be in a positive, while KRC in a stable or negative value to their August prices. You can argue as much as you like why MNE isn't like another explorer but there is no other companies in similar circumstances, and none should be compared. Investors should invest based on current fundamentals.