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Strategies & Market Trends : Ride the Tiger with CD

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31Floors
dara
Gib Bogle
onepath
To: dara who wrote (310793)8/7/2025 4:35:15 PM
From: LoneClone4 Recommendations  Read Replies (1) of 312695
 
Dara, I used to own shares of a company whose name I forget that owned these properties that MAI is buying. That company was then bought out by Calibre Mining, which was in turn acquired by Equinox. IMO Pan is already a good little money-maker, and Gold Rock has the goods to become the same.

I understand why people are balking at the dilution through the PP, but MAI's management if the opposite of the CNL group. Based on their track record, I think they can handle upgrading PAN and then using the cash flow to bring Gold Rock into production alongside Copperstone and the Mexican properties.

I took advantage of today's sale price to add to my already large stash of MAI, the first addition in some time. I am confident that in two years I will be very glad to have made the purchase.

I wonder if MAI will become a takeover target in those two years.

LC
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