cheap enough for the brave??
technically the stock is receiving good support above 3 cents and with a market cap. of only $2.8 mill seems like a good price to pay if you can get them. Pilot studies continue to tick away and with a bit of luck something significant could come through soon. Clearly the company has changed it's style of reporting to one of being perhaps excessively conservative? Things have been very quiet for many months with no mention of new developments. Either the company has fallen into a backwater or has simply chosen to take a lower profile for awhile which could mean surprises on the horizon. Finances do remain tight but not unworkable. Buy low sell high applies to this stock as much as any other. Risk/reward etc.
MIK Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held