RE:RE:Steve Twyerould's Year End Progress ReportVery frustrating to see MIN languishing down at this level... after all the permitting and financing milestones have been achieved and now it's onto construction then production. Obviously Mr. Market does not agree with all the talk of NPV thus far..... Now it's execution risks...
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I also noticed that Mr. Market brought MIN's SP down to match market cap before financing... i.e. the market has not given a sh&* about financing.
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Before financing - 204M O/S shares * $0.99 = $201MM market cap
After financing - 234M O/S shares * $0.86 = $201MM market cap
Coincident?
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The question remains - where are the buyers?? Still skeptical maybe.
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Frustrating as it is... Have to say that GoldenGreen was correct in disputing the SP (hence market cap) should be higher.... in relation with NPV valuation argument thus far!
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GLTA