RE:Unreal
JazzyJ1,
Be happy that this stock has not yet responded to NXE & Toro.
NXE is a very high volume stock with massive public media behind it ... MGA will never have nowhere near that for sometime, and personally I think that's the way management and us MGA shareholders should look at it because it will all be good in the end, especially when/if an offer is made to buyout NXE (they have too much resources for the major producers to simply ignore at this stage)
I don't know what kind of publicity Toro is getting intrenatinally, but here in N.A. it's getting little to none because it's leterally an unknown company, still not producing yet. But make no mistake about it, one day they will either produce of be bought out.
The way MGA will make it's money will be when these breaking points (major buyouts) do arrive and then mGA's sp will have no choice but to reflect its the actual value. At which point I expect that MGA will take the cash for the sales of these other two uranium companies and distribute it to the MGA shareholders. This is why Mr Patricio has been a huge buyer of his own company shares over the last few years .. the more he owns the more he will get in return when the company does eventually decide to sell the shares.
So I look at this depreciated share value to be a good thing for us ... we should be net buyers while the buying is still good and cheap.
And just for the record ( I know you were onlu joking but...) I have also been a net buyer for the last 6 months now ... this low share price is simply too irresistable to pass up, imo.
DYODD & Cheers!