OTCPK:MAUXF - Post by User
Comment by
sgandzaon Apr 04, 2013 3:25pm
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Post# 21212201
RE: RE: RE: My Bottom Price Prediction
RE: RE: RE: My Bottom Price Prediction If by major shareholder you mean Sprott - which I am assuming you are from your reiteration of his comments - my thoughts on them are that they will talk up a company they are currently bailing out of in one of their funds in order the support the share price. So, I don't trust them as far as I can throw them. Though Hodgeson said the divy was safe as long as oil didn't stop flowing for 6 months to a year - that doesn't mean that the company about to embark on some substanical capital expenditures may want to conserve a bit more cash because of a decreased cash flow and suspend the divy for a quarter or 2.
Who is smarter Hodgeson or the markets? Markets can be irrational at times, but are often quicker to react correctly than individuals.