If you need clarification on your investment ring IK, his office number is the best and anytime after lunch seems to be the best time. If then you are still unsure, sell and go buy BHP, RIO etc, and please stop posting here.
Ok there maybe some valid points to Exergen having a hand in the suppression not capping of the SP. The best example for this theory is the 135 placement when we were at 17.
Ask yourself this why did MB buy 48k worth weeks after the placement? Why did he want to keep a 10% holding?
Also ask yourself this why would IK want this to happen. Why would such a learned man dedicate so much energy, self time and educated ability into these projects, only to palm it off well before it's intended projection?
If IK takes this company right to the front door of exploration before a T/O, then he would receive the accolades and credibility that any professional strives for in his or her career. Not only is this a huge investment for him financially, but there is the prestige factor.
I believe there will be a T/O, but I think it will be later. As like bowral said the whole Exergen IK thing is a perfect fit, I will put my neck on the line and say I do not believe there was a pre conceived plan.
The ST SP is not where I would like it, but I have no doubts on the LT bigger picture.
An annoying question I have is why are certain posters here asking for help (which is fine) from other posters, and then at the end they post DYOR? Obviously I have missed something??
MNM Price at posting:
11.9¢ Sentiment: LT Buy Disclosure: Held
