RE:RE:Opinions pleaseMacloud1 wrote: I already sold my KDI when it went to 4.80 the first time and bought MPV with it. I have been waiting since 2000 for MPV and I won't live to see KDI or reep the benefit if it takes as long as MPV ( and it will because they don't even have proven ore body yet, and when they do they will have to through the same hoops, the environmentalists , the native groups , the government etc. etc. ) Mpv is weeks away from going in to production.
I agree with you, Macloud. Memories sometimes are short when it comes to remembering the agony we went through what with all the bureaucratic, environmental, and native Indian challenges we faced with MPV as we moved through our Development stage towards Production. But even prior to that there was the long Exploration stage of 10 to 14 years, costing many tens of millions, before extensive reviews concluded that GK was truely economical..
Like you I received a sizable spin-off KDI position alright, and that was a smart move by our BOD, for which I am grateful. And like you I felt that I wouldn't live long enough to see KDI through in the same manner as MPV. Accordingly some of my funds raised through lightening up on KDI while it moved towards the $9 range in the Fall of 2013 went into the MPV $4 private placement in 2015.
For those younger investors here who have the patience, you are going to see not only a great homerun by MPV in the short-to-intermediate term, but very likely a very good return on your KDI investment as the years pass. Take it from we old guys, you'll need some patience .... well a lot of patience. But the rewards will be well worth it..
Blue skies ahead for both companies. Stay the course!
Cheers,
Brit