I decided to sit down and have a better look at MMN, despite my reservations about the stock and telling evryone to stay away from it. This stock was going to make me rich once!
it really boils down to whether MMN is still a silver play. It will be if it can show it is capable of producing 180,000 ounces a month
its underperformace doesn't worry me because every small cap precious metal stock seems to be in the doghouse right now. I'd expect most of them to go up 2 to 4 times in the next year. They are cheap as chips
silver has broken out bigtime. $50 is within reach now. might take a couple of years. gold is going over $1500, silver is going past $50
if MMN announces it is producing 180,000 ounces a month and silver flies past 25 bucks then I reckon 50- 60c is on the cards. If silver has a crack at $50 MMN is going past a buck
thats what I reckon
so I have bought back some options for the leverage. A high risk game, thats how I see it. I love those that type of game. blue chips aren't for me!
I'm back on the register!
MMN
macmin silver ltd
