Maybe MOD is buying into one of our coal assets given this is a good place to be coming into 2011. Backdoor IPO $10M IPO now worth +$40M but no asset. LOL
MNM has plenty of legs left IMO as regular news will come in thick and fast and encourage a few to hold rather than play hot potato. I very confident the directors are buying for more than just a 3c gain. I'm even more convinced that Bacchus Marsh lower moisture content combined with Exergen's breakthrough technology could make the recent run look like a blip in the months ahead.
I'd encourage those looking for a star performer in 2011 to read up and understand the potential impact of Exergen's technology and who is involved in in making it work. CHTD could become the first scalable 'clean coal' technology that will have both enviromental and economic benefits. Go to their website or just google CHTD and Brown Coal (aka Lignite).
MNM Price at posting:
9.1¢ Sentiment: Buy Disclosure: Held
