SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (5673)7/25/2006 2:17:46 PM
From: loantech  Read Replies (1) | Respond to of 48092
 
I am not worried. Also I will not sell for 5 bucks. I have outside income so I can afford to wait for the finish of the feasibility and for much more drilling and the Amex listing.



To: RealMuLan who wrote (5673)7/30/2006 1:45:25 PM
From: Mr. Aloha  Read Replies (2) | Respond to of 48092
 
I think the best way to play MMGG is just to buy the dips and hold for a few years. I think the days of it being a short-term speculative trading vehicle are coming to an end as the Amex listing approaches. Momentum traders will be replaced by institutional and long-term investors who won't touch a BB stock but will be interested in the tremendous value Metalline represents. My understanding is management has met with many institutions who have been very interested but can't or won't invest until they get listed.

As for the money flow, it was even more negative in December, which represented the best buying opportunity for MMGG ever, as it proceeded to be a 7-bagger within 5 months. In fact, every time it has dropped to a negative money flow since then, it has been a great buying opportunity, not a time to sell: stockcharts.com

IMHO, the strong negative money flow over the past few weeks combined with the MACD crossover represents a strong buy signal for the long term.