OTCPK:MSSNF - Post by User
Post by
dynarodon Sep 11, 2009 11:31am
330 Views
Post# 16297300
clouds
cloudsRegrettably I have to say I think you maybe right XXX – I need to start following some sense of perspective – this board is optimistically trying to keep the faith (naturally)
But to be honest there are some concerning clues or clouds forming – namely:
- PG is not putting his money where it matters – I own more shares than PG- No update per se for too long- I’m a hard facts kind of guy and the share price is not reflecting much of a future – I have exploration companies with less of a future and no resource defined trading for 10 times the MC than MNR – which tells me are we missing something apart from zero promotion. This is why I raised the issue about metallurgy this week – is there a key negative component that is seriously limiting the upside potential- Cash balance is almost out – yes they still COULD do a PP –however it would be punitive – but the doors are not closed on that front- Gold breaking out as I write
Remember greed and fear – survival instincts make us all greedy – so we can make hay for a rainy day – if PG was true to his instincts he would be accumulating if MNR was about to explode – that’s why we need to watch Canadian insiders and the daily volume – yes it has been picking up – however the current valuation is ridiculous
I like to see a few things happen to potentially indicate that things are improving, 1 volume and 2. insider accumulation