MOL 0.00% 6.9¢ moly mines limited

Yes Fontenay!Hold this company for the long term.Let the...

  1. 572 Posts.
    Yes Fontenay!

    Hold this company for the long term.
    Let the insiders and manipulators trade.
    They have the inside information, anticipate ups and downs,
    ramp and clean up accordingly.
    Best to avoid being sucked in.

    Hold this company because the fundamentals are sound, management has a proven track record of moving forward; managing finance; planning well ahead and meeting objectives.
    Have come from a good stable (Twiggy's) - backed by a larger organisation, selling of final product set up and finances being negotiated and planned to be settled in the next few months.
    While a dilution of shares appears to be a possibility (probability?) wasn't there a suggestion that funds will be raised by other more positive means?

    One may well look ahead to early 2009 and especially when the final product is delivered to the buyer for the first time.
    Obtaining finance will surely be a positive step along the way - very positive. To be reflected in surge of share price.
    But reaching true fundamental value may take longer.
 
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Currently unlisted public company.

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