GREY:MAOMF - Post by User
Comment by
gossincon Jun 12, 2007 5:28pm
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Post# 12932331
RE: A little lower please.
RE: A little lower please.Ceo is wall street guy with three firms under his belt in mining focus. News is measured and stock is so tight that is controlled totally by a few players. News recently was good and they continue agressive drilling but only expect measured doses of news.
Senior managers here are paid in stock ONLY.
Stock will explode higher and the market cap is so low and shares so tight that it will be impossible to get in without paying so much more. Hence, pays to bite and then set aside for next burst higher.
This is a very illiquid situation but that could change quickly once the market turns its head and MAO needs capital to mine the high grade deposit.
Suggest extreme patience required