The issue here is MNM has not been kind to the faithful. The...

The issue here is MNM has not been kind to the faithful. The many IMO blotched CRs and courtship with dubious SIs has resulted in a share that's OK(at best) to trade but bad to hold.

If the only way to NOT make a loss is to sell into news and watch the CR clock, what makes this an attractive proposition for anyone? Hence the current terrible buying depth. For the past couple years now,, every raise has been at a significant discount (a surprise to many), and each at progressively lower prices. Years ago MNM was rated for its coal potential not its various other projects (which were ironically put on hold back then, why they are suddently in favour now?), yet nowadays most of the money raised goes into these side projects that has little competitive advantage to more focused peers.