OTCPK:MAUXF - Post by User
Post by
4funon Apr 20, 2011 2:03pm
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Post# 18462669
Large buyers can't really buy now.
Large buyers can't really buy now.How could large buyers enter the market when the polical situation was so uncertain? Think about it. Past history dicates that large purchases hold off at this time and wait for violence to settle down.
Wade knows this. He probably hears it all the time from prospective buyers. Maybe holding back information until the time is better is actually a good idea. Although, very frustrating for shareholders who hope to see dramatic inreases in resources as well as good production tests from Umu 6 buy maybe it will pay off.
I just used this time to buy 30,000 shares to add to my position outside my RRSP. I previously sold 500,000 shares out of frustration but hav come back to add another 220,000 shares and continue to hold many more in my RRSP. Holding while very little is happening is very difficult. It is even tougher when things go in the other direction.