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Bullboard - Stock Discussion Forum MANICOUAGAN MINERALS INC MCOUF

GREY:MCOUF - Post Discussion

MANICOUAGAN MINERALS INC > Management did us all a favor!
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Post by yixter on Dec 22, 2012 10:59am

Management did us all a favor!

Jazz gets it many don't u see by doing the consolidation and the pp they just slid a floor under the sp of .065-.07 the .40 pp is a way of letting management and insiders get more shares before the close as per the news release management can participate so the run up and current price is pretty much the floor so Sellers Beware anything under .06 will get mopped up in a hurry because the longs will get loaded up on cheap shares for post consolidation this is an absolutely heck of a deal and we still have upside with the assays short term this went from rather drab to very very exciting with multi potential incredible news in my opinion!
Comment by jazzfest on Dec 22, 2012 11:22am
before it gets to 40 cents I will try to get as many shares as possible. my guess is that come monday, stock might open at 10 cents++++
Comment by yixter on Dec 22, 2012 11:46am
Jazz house 19 was behind this run up and surprise surprise he or she was from Quebec obviously he or she got wind of this deal right before they halted the bid was .07 and it's quite likely this would have went over .10 easy and given the new info and pending assays this should easily eclipse .10 because anything under these prices makes absolutely no sense!
Comment by crossfit11 on Dec 22, 2012 7:41pm
I understand that pp has put a floor for our current share price at about .065 to .07 but what happens if our share price runs up to .10 to .15 cents. That puts our share price at .60 to .90 cents post-consolidation which is quite a bit higher than the .40 cent pp. Would they or should they consider repricing the .40 cent pp? If our assays come in with great numbers our share price should continue ...more  
Comment by yixter on Dec 22, 2012 8:30pm
This is where investors have to do math they won't reprice because obviously insiders will want the lower price that's why retailers have to figure what they want to pay because perhaps the day trading starts with post consolidation shares the shares make a rapid climb from .40 to .80 or even a dollar than maybe people will wish they paid .10-.15 now BMO paid Flemming 10 million priced at ...more  
Comment by goldenfitness on Jan 04, 2013 11:14am
Here we go again, using another Companys site for your own Companies promotion, do your own WORK, rahter than PIGGY BACKING ANOTHER Companys web site..  shame, shame, shame...
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