George, I just checked MMU's price & it's beyond me (ITH & MIX holding more or less, which is a good sign). Certainly the lack of a promotion machine, as was mentioned, plays a large factor. Seems hardly anyone knows about this thing yet, ergo a lack of buying & so the price drifts. Another factor may be the less than fervent interest by the market in resource juniors. - Also, I am sure that the repeated bashing (unfounded) of the company on this thread has not helped, since potential buyers who see that simply choose to look elsewhere, unfortunately. Lastly, attribute some weakness to month-end selling too. --- Personally, I believe things are well on track for the company, but in looking at the market price I must say I am less than thrilled! We must wait for more news, or for some buying to come in, since this trickle selling is pushing down the SP. I could see how things might back off in the absence of any big unexpected news, but this seems silly-ly low!
We just need more awareness and buyers, meaning, news that will bring them in. Guess it's bargain time.
IMO the stock is worth much more than what the market is saying, but what can ya do, for now. As activity picks back up I think we'll recover healthily. For now, I may throw up a couple low bids and do as was suggested... hit the golf course (etc.) and take my mind off things for a bit. ___
Have a great weekend and bear in mind that the fundamentals and potential for the company are still there...
Sincerely, -j :> |