OTCPK:MSSNF - Post by User
Comment by
sesses3on Oct 31, 2011 2:14pm
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Post# 19196021
RE: Don't Underestimate the Keen 1
RE: Don't Underestimate the Keen 1Quite clearly the markets has doubts, otherwise the share price wouldn't be stuck at 0.13. I own a fair amount of shares, and I also have my doubts.
A new resource statement likely isn't going to do it by itself. Mediterranean has had a large resource statement in the past without the market caring much for it. Once they have a credible plan, and the necessary team, for moving the project into production the share price might start to move.
There's also the issue of them having to raise money soon, which at the current price will mean a fair amount of extra dilution.