RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Th this is a good discussion to have. the problem is we dont know that mart was sitting on the 18% loss information. like I said before, it wouldn't surprise me if the pipeline operator was saying everything was going just fine then hit them with a 18% loss news when it was already too late to do anything about it.
just as the pipeline operator told mart the loss for july is 10% and management immediately forwarded that info to us, who is to say at the end of the quarter the operator is going to say "yeah, well you know that 10% loss I said was for july, well, I forgot to round up so its actually closer to 18%... and by 18% I, of course mean 25%... and by 25% I basically mean we're going to nationalize your operations".
and secondly, I get that juniors dont generally pay dividends. however, I think you definately have to lump mmt in there with the junior/higher risk portion of your portfolio, strategy-wise.