why mak sp still stays low?, page-4

besides the fact that there were 100 million shares issued (many to traders- as the preoius two posters mentioned), MAK is still a SPEC share.

There is no garantee that they will make it to production, and as strongly as i feel that they will, it doesnt change the fact that they are not there yet.

I think, like many long term holders, you may need to wait till they reach production to see a genuine rerating of the company.

Keep in mind that Phosphate isnt their only project either. In fact, the company hardly mentioned phosphate untill about 18 month ago. Before that it was all about flurospar, Tin, tungston, and several other projects.