MMC 9.44% 98.5¢ mitre mining corporation limited

hmm, page-8

  1. 1,212 Posts.
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    2liveinhope.

    I hope your buys at these levels will be well rewarded. If only we all had invested our money now rather than previously when we based our buy decisions on less than credible information provided by management. We certainly would have got a lot more bang for our buck. If MMC lives up to its potential ( and that's a big if) people who buy at these bargain basement levels MAY be handsomely rewarded. Even if all the other problems re power, Cu price, regulatory / environmental approval,, tailings disposal and funding etc are overcome there is always the dark spectre of dilution overshadowing all. I would be greatly interested in someone else's opinion of the non dilution clause of the debenture agreement. It scared the hell out of me. But I am no expert when it comes to financial instruments and would like to hear comments from someone who is. Good luck all. Even if youre not in it for the long haul I hope you make some good coin on the trade.

    I hold MMC
 
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