Well, I have sold everything and nothing more available to buy more. Right now the MNM MC is just over 18 million. If you deduct the cash of about 1.5 million you get about 16.5 million MC.
This is buying you 100% Mt mulligan(100-500MT black coal with CSG potential)
50% of BM and potential 20MTPA BCE coal export by 2018, world class JV partners who are responcible for the first 50 million towards the demo plant construction.
LV tenements strategically placed.
Few other gold and silver assets like GC and HS
10 million funding facility.
a management that own about 20% and a top 40 that own about 47%, seems pretty tighty hold IMO.
In times like these I am fustrated/shocked but not stressed. I hold and wait patiently...Knowbody is going to scare...Buy low sell high
this is why you need to DYOR, with this comes the confidence to hold and buy cheap
all IMHO
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