AUL 0.00% 28.5¢ austar gold limited

news coming, page-15

  1. 3,062 Posts.
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    Yes, I think we need to forget about the gold and silver assets from an investment perpective for the moment because the announcement today was not that crash hot. A final outcome will not be known for another year yet. Certainly a very frustrating stock to own MNM just lucky I have no margin lending to force me to sell. I am happy to hold for a few more years yet but it has already been nearly 2 years now and I am down 33%. Had this been previous to the GFC MNM would be sitting in the dollars by now, not cents. No one is buying or interested in investing on shares at the moment, especially institutional investors and until institutional investors are on side, MNM share price is going no where. I keep my long term buy status though as lot of good assets with potential.
 
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