OTCPK:MGMXD - Post by User
Post by
materialsgirlon Apr 16, 2015 1:24pm
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Post# 23636936
Reliable base not yet there for being confident about future
Reliable base not yet there for being confident about futureprofits
We can only read between the lines and make assumptions about the future.
Still, I am getting more and more optimistic that over the next 5 years revenue will double from here and sustainable free cash flow will be with us. I now see C$1 a share as almost a minimum of where we will be in 2020.
I am keeping all my shares long term. Secondly if the share price random walks its way down to 32 cents again I will triple or quadruple the number of shares I own to make it a major holding. I would not be averaging down but rather making a new decision to purchase.
My 2 cents worth
Mat