OTCPK:MSSNF - Post by User
Comment by
philtlucreon Sep 20, 2010 12:05pm
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Post# 17468970
RE: SOMETHING TO THINK ABOUT
RE: SOMETHING TO THINK ABOUTThanks, mack. It's pretty hard to believe that a disappointing PEA and the failure to secure a JV aren't already built into the s/p. The indicated and inferred is still valued at $5/oz. and Eric Reguly did say that no buyer of a junior values the play on an RC or PEA, but adds on blue-sky potential.
I'd venture to say that there is almost a sort of negative speculation at play with MNR borne of a couple of factors, that perhaps provides opportunity to purchase more for those with balls of steel and a devotion to the play that approaches fanatacism.
An increase in the s/v will precede any NR, imo. Perhaps that is what some investors are waiting for, willing to give up an extra nickel for two bits (or dare I say, 4 ?) p.