OTCPK:MAUXF - Post by User
Post by
Darilonon Feb 14, 2014 11:05am
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The reality of the news release
The reality of the news release
Really the news release was nothing new. Situation Normal. We all knew last year the pipline was a sieve and the new one was slow getting built. We also knew that the investigation into the high losses was on going and there would be a moratorium on losses until it was done. So really, the situation is exactly the same as the situation last week when the share price was moving up. The major catalyst in the hopefully fairly short term is the new pipeline. When it opens up, MMT can both increase production AND lower loss rates. If I ever sell, it will be some time after that as at that point I'll be able to capture the largest capital gains. I just love paying huge capital gains taxes!