MMN macmin silver ltd

Jrowl, I find it odd that it was good enough to own at .13, .125...

  1. 2,213 Posts.
    Jrowl, I find it odd that it was good enough to own at .13, .125 and .12 but it's no good at .10 or .097?

    Sometimes traders just place far too much emphasis on technicals and ignore fundamental value and future price drivers.

    Personally I thought that MMN represented value at .20, I think it is ridiculously undervalued at .10, particularly given the immediate and longer term direction of Ag.

    What does $48m buy these days?

    The market is doing to junior PM stocks just what it did prior to the explosion in price from mid 1978 through to 1981. Back then after the intial frenzy from 73 through 76 the sector was sold down to ridiculous levels...look what happned to those that bit the bullet and bought.
 
watchlist Created with Sketch. Add MMN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.