OTCPK:MAUXF - Post by User
Comment by
oullinson Sep 16, 2010 11:48pm
248 Views
Post# 17459124
RE: Is it possible....
RE: Is it possible....Back9, the reason MMT is at 35c is that they still have to demonstrate they can produce anything out of UMU6. A lot of us here think they can and this is why this Board may own as much as 20 to 30 M shares of the company.
But by all measures this is a small company with "only" a $130M market cap and a so so past. No wonder we have a "wait and see" attitude in the market. A lot of people prefer to invest at a let say .60 to .80c going to $2 vs 35c with a sizeable risk factor.
We are right because we got balls (my apologies to the ladies readers) They are right because they have fiduciary responsibilities.
Nothing wrong with both strategies, it's life in the investment market.
We are going to be just fine and I mean it for both strategies.