RE: updatethen I ask, what reason does MXV have, to invest 6 Mio $ into a joint Venture with NFX, if there's no potential at all in this???
Is it not the fact, that this area has been rather a succes for exploration Companies, that there is a good reason to belive in the potential which still lies in these projects?
fair enough, I can't ignore the fact, that dear chairman T.L. has sold his shares.
But were they really all he had?
Although it seems likely, as 5mio $ is quite an amount of money and I have to admitt that I admire his successful trade.
But he's also the one who will exactly know when to buy them again and when,(or should I say "IF"), he does, it might be to late for people with less than 5 Mio $ to invest, as it might have quite an effect on NFX and MXV Quotes.
30 Cent's is possible but not before the drilling, and if so, only when results they come up with are of no use and really bad.
It is also interesting that NFX Quotes were rather stable despite the weak market in the last few days... just have a look at the goldprice or other Company Quotes going up and down... how come it had hardly any affect on NFX?
we'll see...