RE:RE:RE:ten bagger coming up soon. don't miss the boat!I am feeling optimistic because of a number of factors:
First I took a look at the canadian junior venture ten year chart and noticed a nice looking hook. Recently all comodities including oil, gold, iron, nickle, Pgms had a nice bounce from mid January.
MUM is still at an exploration stage so there are no extra costs to the downturn in metal prices since 2011. The market usually has a five year cycle and it has been five years since 2011. 10 times profit from an investment in a penny stock is not unreallistic. China is stimulating the economy. A service oriented economy should mean more demand for infrastructure. Here at home we are also waiting for infrastructure spending to take affect. Our cousin company WSA in Australia is also starting to come back to life. Goldman sachs did have interests in Australian companies. Did anybody notice NFJ which is MUM in frankfurt? It's bouncing like it wants to breakout. Somedays you see .001 and some days you see .008. It looks like an 800% movement within a few days. What do you think could happen in a few years?
I saw the Mustang minerals sign when I took my family camping near the 7 sisters hydro dam. It really is a beautiful area close to established camp grounds. I wonder of MUM actually owns the land. The Land alone must be worth millions.
Gold is the favorite metal but If we look at the chart, notice that Platinum was at one time worth more than gold. They are used in catalytic converters, nuclear facilities, etc. Gold is very hard to find but if MUM finds some gold I hope they'll report them. We know that in 2011 MUM found a lot of PGMs. WSA insider put millions into MUM at much higher prices. Who really thinks MUM will go bankrupt and turn into camp grounds? Some days I have immagined so frankly but since the bottom in mid January, I have turn more optimistic. Goodluck to both buyers and sellers. I know it takes two to make a market.