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Gold/Mining/Energy : Manhattan Minerals (MAN.T) -- Ignore unavailable to you. Want to Upgrade?


To: Krikor who wrote (4084)4/14/2000 3:05:00 PM
From: Claude Cormier  Read Replies (1) | Respond to of 4504
 
<<What's your take on the news long term?>>

Hello Krikor, it has been a while.

The is extremely positive, IMO. The stock will eventually bottom and start a new rally. The pre-feasibilty study coming out this summer will likely make it clear that the gold cap alone will be very profitable and will pay for all the costs of removing the town and diverting the river...and more.

The only negative I can see right now (except for the issue of the town which is still unknown) is the price of copper which has gone lower.

And I agree with you...there are many bargains out there. And, despite I still own MAN, it isn't my favorite, at this moment. BAY and FGX will rock in the weeks ahead.