I have been bullish MNM for a long time and I too am disappointed BUT the last few months has been disappointing for many of my stocks. I am fortunate that I got a good portion of my holding at a good price so not down as much as some other holders.We all know what has happened the past few months and why the price has been trashed but let look at positives....
It gone down for months and due to turn upwards anyday
IMO its way undervalued considering the resources/potential
Best time to buy is when a stock has been hammered IMO(now)
Market could be ready for a rally as its been down for months.
when do small caps rally(when they have news, drill results, ect ect
SOON we may have plenty good news and a more bullish market
we have coal which is/seems to be commodity of choice ATM
Mt Mulligan has not been factored into SP so add 10-40 cents off the bat IMO if we win case---looking good to me
I also hate to have a paper loss but I have freed up more cash and I will buy more if we have anymore weakness and I also intend to take up my entitlement and more...think whatever u like but if all goes to plan we have a HUGE HUGE opertunity here...good luck
dyor
Add to My Watchlist
What is My Watchlist?