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Mason Res Corp MSSNF

"Mason Resources Corp is a mining company. It is engaged in the copper exploration and development in the U.S.A. Its key project is the Ann Mason Project located in the Yerington District of Nevada."


OTCPK:MSSNF - Post by User

Bullboard Posts
Post by dynarodon Sep 11, 2009 11:31am
330 Views
Post# 16297300

clouds

clouds

Regrettably 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

 

Bullboard Posts