Right now we trading at 9.5 around 25 Million MC...
Now we all know the Assets/projects that MNM has right?
Everyone keeps talking Mt Mulligan, BM,LV and our gold assets are just seen as a bonus like our other tenements.
IMO Mt Mulligan is looking retty good, CSG is growing IMO, australia needs clean fuel and demand for gas is growing every day. I think this asset has HUGE potential..
I think JV will be signed in near term. I think we have a very good chance of being part of the pioneers of brown coal conversion in australia. We have the coal and the right soon to be partners with DEEP pockets....If this goes ahead we talking huge huge earnings in a few years..
Less than 1% of our gold has been drilled JORC ed and we have good grades already,,,lots more gold in the ground with drilling expected to start soon...
NOW for those talking 4-5 cents, MNM MC 13 million,,,sorry you are dreaming....If we have another GFC and MNM reaches this level you will probably also pick up RIO for under $40 IMO....Come on people....we are just about to get the LONG awaited NEWS,,,,PROBABLY GREAT NEWS....
I always like a Plan B and C....IF MNM dropped I will double my holding BECAUSE our assets are going knowhere,,,the world needs clean coal and gas....MNM will not be losing millions ever month IF there is anothe GFC,,,we can run on minimum costs due to small staff,low salaries and no debt...
Whatever happens,,,as long as Mt Mulligan looks promising and the Brown coal revelotion looks to be taking off...I HOLD TIGHT...
good luck,,sorry for ramble...
Ameri- We all get scared and sometimes we make irrational decisions...hang in there,,,one more week of tax loss selling..Even it you buy back at a few % points higher it still may have been a good decision tax wise,,,,
SP is pretty Irrelevant IMO,,,its all about MC,,,I see hundreds of stocks with the same MC with half as much "potential" as mnm and management that screw the shareholders,,,,WE Lucky
I still love you IK...keep chipping, I know a winner when I see it
MNM Price at posting:
9.4¢ Sentiment: Buy Disclosure: Held
