RE:RE:RE:RE:RE:Startup? You need to realize something
I am not in this company but I am looking at it ...there may be something here but this stock will not take off like a rocket.
I think Treetop took a reasonable stab at interpreting the releases and I have certainly seen smoke blown up skirts before so a good scrutinizing of the verbage is required.
I think there will be production again...I think that the governement will green light the production or MNG would not throw the millions into it they did.
BUT the reality is that historical prices from March April May and before are now completely irrelevant because there are now 600Million plus new shares for a total in excess of 1.2Billion!!! That is a staggering increase in shares at 4.5¢ per share. This thing is beyond diluted..it is damn near drowned!
This could see a return to 15¢ when production is back and debt is paid down but I would hold off on the cigars and party hats and to the moon thinking. It will now be about how much profit this mine will produce and whether or not there are anymore hidden watch outs.
For now I am on the sidelines but maybe take a small chance on the double at some point.