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Bullboard - Stock Discussion Forum Mene Inc V.MENE

Alternate Symbol(s):  MENEF

Consumer Cyclical Luxury Goods
Mene Inc. is a Canada-based company, which crafts 24 karat gold and platinum jewelry that is sold by gram weight. The Company designs, manufactures, and markets 24 karat gold and platinum jewelry under the brand name Mene. The Company retails its jewelry by gram weight direct-to-consumer through an online shopping experience. Its jewelry is crafted from gold and platinum, which is sourced from... see more

TSXV:MENE - Post Discussion

Mene Inc > Xaumf & Menef last 2 earnings for both companies
View:
Post by gocougs on Dec 02, 2020 6:53pm

Xaumf & Menef last 2 earnings for both companies

so frustrating to see no stock price progress after earnings reports 2 quarters in a row any thoughts ? Bulletin board stocks but come on
Comment by tankumo on Dec 03, 2020 1:51am
I suspect manipulation.  It is thinly traded so it is easily manipulated.    
Comment by MoneyCow on Dec 03, 2020 10:00am
I think we just have to wait. There is a nice explanation about how MENE could be rated on the German stock website Wallstreet Online. The estimated value should be around 4-10 CAD in 2025. About 10 times my bet is fine for me within 5 years. Personally, I expect much more depending on the metal prices.
Comment by tankumo on Dec 04, 2020 2:24am
When gold prices drop, it is actually good for them, like now they can buy more to stock up, when gold trades above $2000 their jewelry sale will have a ton of mark up.
Mene Inc