MMN macmin silver ltd

Silver Rises to Highest Since 1980In the meantime where is MMN...

  1. 729 Posts.
    Silver Rises to Highest Since 1980
    In the meantime where is MMN going?
    On the chart the stock continue the long-term down trending.

    Some stats –

    Silver:
    31 Dec. 2005 - ~$9.00/oz
    31 Dec. 2007 - ~$14.80/oz
    Approx. change in the price of Ag: ~64% GAIN

    MMN sp:
    31 Dec. 2005 – 24.8c ps (before being a producer !)
    31 Dec. 2007 - 21.5c ps (now in production ?)
    Approx change in value of MMN: ~15% LOSS

    Will MMN ever reflect the increased POS?

    Why should holders participate in the current capital raising?

    Is it a matter of throwing good money after bad money ?

    Crystal ball glazing is never easy, but an indication of investor confidence (in the case of MMN the lack thereof) can be found in the price of the October 2008 MMNOptions.

    The price of these options are in a solid downtrend. Less than two years ago the MMNO's were trading around the current price of the fully paid MMN shares !!

    Is further investments in MMN really the best place to invest money right now or are there better opportunities elsewhere in the market?

    It could be interesting to hear some sound, factual and well supported opinions on this.

    ----------------------------------------
    The Bloomberg article:
    Silver Rises to Highest Since 1980,
    http://www.bloomberg.com/apps/news?pid=20601087&sid=axjKVYKl3OQE&refer=home



 
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