MMN macmin silver ltd

"just wondering why their price is so low as i remember it being...

  1. 568 Posts.
    "just wondering why their price is so low as i remember it being .30c+ not that long ago..."

    Because, whatever the arguments for silver metal itself, Macmin is not silver. It is trying to mine silver, so far with conspicuous lack of success. People who would have been supporters of Macmin, because they believe that silver is a value investment, do not buy the shares, because almost 18 months after first production the company is running at a big loss and is still coming back to investors for funds.
    If you like silver, then unless you can buy on American or Canadian exchanges, you're pretty much limited to buying bullion - which is not such a bad thing! You can buy Coeur d'Alene (CXC) here, but they've had their own problems.
 
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.