OTCPK:MSSNF - Post by User
Comment by
Mad_Maxon Jun 17, 2009 11:15am
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Post# 16077473
RE: RE: Encouraging news but./ Mad Max.
RE: RE: Encouraging news but./ Mad Max.Mack you wrote:
"MNR still has 3.2 million in the bank. We don't have our back up against the wall and can wait for a better offer. A significant increase in the price of gold that just about everybody thinks is coming means that waiting won't hurt us."
That is EXACTLY the kind of statement & thinking that worries me about MNR. TRUST ME - if Peter really thinks that he is in a position to play hardball with potential JV partners, all of us will be in for a very rude awakening. My gut feeling is that Mr. Guest isn't content with middle ground. I'm not saying that he should roll-over either, everybody wants to see the best possible outcome for MNR, but too many deals fall apart due to overconfidence. If the "someone" who has already "stepped up" gets cold feet, all other potential suitors will really scrutinize MNR's position and Mr. Guest's expectations. That in it self would negatively impact MNR's ability to put a good deal together.