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M3 Metals Corp. V.MLG


Primary Symbol: V.MT

M3 Metals Corp is a Canadian listed company. The company's business is to acquire, explore, and develop interests in mineral properties located in North America. Its only operating segment, being the acquisition and exploration of assets. The company's projects include Mohave Mine Gold; Aspen Gold; and Block 103 Iron Ore projects.


TSXV:MT - Post by User

Bullboard Posts
Comment by OldManWinteron Nov 21, 2011 10:09am
181 Views
Post# 19253833

RE: RE: Be prudent

RE: RE: Be prudent I agree with most of your points. But that said, a stock doesn't have to go hyperbolic to have a pull back. My concern lies in the fact that we have gone from under 30 cents to almost 1 dollar in less than a month. Also, CEV is mining an economically sensitive product that can be subject to major supply and demand shifts once it is shown that global growth is slowing. People need to remember that CEV is a venture stock that has a beta much higher than the overall market. Don't get me wrong, I like CEV but it is not to say it can't retrace 20 percent from here. People are going to try and value CEV based on what is in the ground but unfortunately it could take years for the market to realize that value
Bullboard Posts