Post by
22882288 on Aug 21, 2024 2:15am
Shareholder Turnover
There has been a lot of FUD (fear, uncertainty, and doubt) posted on this message board of late and it is quite unfortunate that some investors who make investment decisions from such noise fall prey to these tactics. Been around the block several times to be able to notice it. It is quite disgusting what some people do to promote an agenda and/or make a buck. I suspose they justify themselves by arguing that it is technically legal, without concerns about morality which is pitiful. I do not have the time to frequently forewarn the unassuming investor of such questionable persons/entities and I hate to even waste time on such vile characters. At the end of the day it is up to everyone to do your own due diligence.
For disclosure, I have been an active buyer at these lower price levels as weaker hands have turned over and I now have an even larger weighting in MJS. My cash position has also been growing as I think gold and gold stocks will probably pull back significantly over the next couple of months so I have been taking profits in other gold producers.
Comment by
auburn2 on Aug 21, 2024 5:34pm
"MJS should be trading closer to $0.16 to be equivalent." Never will happen in Canada. Show me one case where a Chinese asset gets that much respect on the TSX or TSX-V. That's why it's imperative MGMT returns value to shareholders without relying on the Canadian herd to bid up the share price. Have YOU talked to MGMT about doing something for shareholders? If so, what was said?