RE:RE:RE:Richard... any thoughts on Nozzpack selling his stake?tehre were actions in regard for shareholder value but MGM did fail to deliver results. The reasons why that is are unknown and i think it is just incomprehensible. You can of course speculate the reasons and i am open to be convinced if i see good arguments.
So far, their was never a good thesis, argument, proof or even indications for it. All their is is incompetence so far.
Their is promising news around the corner
- Q2 financials
- persistent good gold price ( so congrats to everyboy who had this investment thesis), resulting in stable busniesmodel, good cashflow and excellent propects
- New mining aqusition who !!!should!!! improve book value and return on equity (it should, its business 101, it should be not hard, it should really really be possible to imporve P/B and return on quity. PLEASE PLEASE MGM, dont fail on this...lol
- MGM board meeting, will their be an dividend paid out from PRG to MJS
- will MJS pay a dividend ot shareholders this year
- how will head grad improve and how will the miningexpansion develop
so there is short term and end of the year term interessting and promising information pending which could/should positivly influence the shareprice. I think the upside is much greater than the downside
but again, so many shoulds and a history of failure and dissapointment and neglect.
So we will see