RE:RE:RE:Video (MRZ) updateWell you would like to think so. With $15m in the bank and just a $27m market cap and ALL of the advanced properties that they are sat on you would like to think this is an absolute no brainer for a potential pop of many many multiples from where we currently sit.
The company share buyback also gives me great comfort. It's allowed me to build a disproportionately large holding in this stock now and I'm even still accumilating on any dips. Knowing that we are protected on the downside yet retain ALL of the potential upside is such a rare opportunity. No sudden done deal financings/dilutions :-)
The only downside is having funds tied up in a stock that is currently a sleeper, the upside of that of course is we tend to get ignored on any correction either. Many investors are willing to pay hundreds of percent more once more is confirmed, which is fine. I on the other hand like the lowest risk for the highest potential gain possible. They're not an easy find, especially on the venture!
Plenty of expected newsflow will trigger and more importantly support gains for the next twelve months. I'm hoping that we'll be at least a $100m - $150m by year end. If the sector really takes MRZ could go bananas from these levels, if the newsflow supports.
