MNB 1.41% 7.2¢ minbos resources limited

Tibi, it depends on your reasons for purchasing MNB and what...

  1. 3,351 Posts.
    Tibi,
    it depends on your reasons for purchasing MNB and what your risk/reward propositions are. Honestly, if you had made a 100% gain on your investment, it is always wise to take the initial capital off the table, in my opinion.

    But with MNB's situation, there is a potential swing above 60cps when the phosphate story gets out. For juniors, it is always about capital flow, results and marketing prowess. This firm has already shown its capability...i mean the MD actually managed to get onto CNBC! However, i want to see the resources upgrade above 250MT in the next 6-8 months...then sparks should fly.




 
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Last
7.2¢
Change
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Mkt cap ! $63.26M
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7.1¢ 7.2¢ 6.8¢ $35.24K 505.1K

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1 20000 6.9¢
 

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Price($) Vol. No.
7.2¢ 108759 2
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