MMN macmin silver ltd

mmn still sliding short sellers, page-18

  1. 3,851 Posts.
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    Phil,

    Do you think MMN have top-notch management? If you do, then not many would agree with you. If you don't, then you are taking an increased risk on top of all the company and sector, macro-micro risks out there. I can't see the point with so many better P.M. companies out there to choose from, or silver ETF's or bullion even to invest in if silver is your game.

    As an ex-holder from a couple of year's back who did OK from MMN and MMNO it has not surprised me at all to see the graphical evidence of MMN's failure to successfully mine silver, instead having cannabilised itself and its holders almost to the point of financial death this last year.

    The spiral downwards over the last year looks like a strong continuing trend to me and you shouldn't think that it can't go broke no matter what its assets are worth on paper.
 
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