TSXV:WMG.H - Post by User
Comment by
Explore4Moreon Feb 06, 2012 10:51am
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Post# 19494422
RE: Unbelievably undervalued
RE: Unbelievably undervalued
RE: (AMY) American Manganese. Same management with the same # of shares outstanding. They have 10% of the value of Molycor's resource and are at the same stage of developement. They financed at .70 last year and are sitting after a pullback at arround a $50 million marketcap. We should be able to finance at the .50 level at least as they set idle for years and all of a sudden took off last year. This will do the same soon, this ammount of pure resource of a specialty metal sitting right smack dab in the good old US of A wont stay hidden forever. Either (AMY) is overvalued by 1000% or (MOR) Molycor is undervalued by1000%. If we even meet in the middle it's 500% from here. Back up the truck and set on it for a 10 bagger easy.
SD1
Good Comparisson. MOR Really in Bargain Territory. Took a Position based on Asstes Trading at a Huge Discount to Intrinsic Value