RE: Dines TDL coming today!!!!!!!!!!!!!!!!!!!!Hi Bogi,
"Dines and MGA. He always mentions MGA as a BUY but this thing just never advances like LAM and PNP. I wonder why ? Anybody else ?"
Here's my take.....
1. Still uncertainty in Queensland.
2. So much consistent hype that many are mentally burned out for now.
3. Many are nervous about getting back in because they sold and took a big loss, or are still sitting on one and won't or can't add until they feel more comfortable with this stock.
4. Some analysts are still saying don't jump back into Uranium until later this year.
5. Dines credibility has definately taken a hit on this large and unpredicted correction.
6. Even Pinetree and Lam are sputtering back and forth.
7. Some prior investors are tapped outon new funds to invest.
8. There could be a "SHOW ME" factor in play here.
I realize most of these reasons could apply to LAM and PNP as well.
Bottom line is ....He$$...I don't know.
I was a very large holder at one time but I have been out for quite a while and still toying with buying again. I put most of the money from my sell of MGA into URZ at $2.50 to $3.00 U.S.
So far it was a good move for me.
Somebody convince me to re purchase MGA.......Please....I got lots of cash to invest.
UNM