OTCPK:MSSNF - Post by User
Post by
cntnboyon Jun 16, 2009 8:23am
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Post# 16073350
One Good Reason It Will Pop On JV
One Good Reason It Will Pop On JVOne thing to keep in mind is this:
Many of the share sale deals with gold juniors involve the use of warrants to entice the investor to buy shares on an offering.
In the past for most juniors, the warrants act as an overhang on the stock weighing it down, even on news.
So in MNR's case, these don't exist so any player who is keeping an eye on this stock knows there is nothing holding this stock down except progress in the company itself. Therefore to get in the game, the new players have to buy the stock, especially brokerages that want to participate in any potential offering of new equity down the road.
So this will bode well for MNR.
Go Peter.