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Gold/Mining/Energy : MARUM RESOURCES ON ALBERTA -- Ignore unavailable to you. Want to Upgrade?


To: George S. Montgomery who wrote (1880)5/28/1999 6:46:00 PM
From: JP  Respond to of 2514
 
George -you haven't lost any money until you sell.
Two rules that I have learned but don't always follow due to my inner greed are:
-when you have a double -sell half (especially in a spec deal like this)
-never average up -only down. If the run has started -you should be in sell mode -not buy mode.
JP
PS -Go golfing for awhile.



To: George S. Montgomery who wrote (1880)5/28/1999 6:47:00 PM
From: .Trev  Read Replies (1) | Respond to of 2514
 
In a word. PEOPLE.

Junior exploration companies don't just go public and then take off because they get some good sniffs. It takes special people to MAKE success happen. It isn't enough just to be a good and honest professional you also have to know how the market works and what it takes to MAKE it work. In short you need a greedy, experienced, slightly bent promoter on the team , prferably running things.

Sorry to be a bit cynical but after almost 50 years in this market you start to get the first glimmering of how it works. As the German proverb says too soon old, too late smart.

Cheers



To: George S. Montgomery who wrote (1880)5/28/1999 7:35:00 PM
From: Chuca Marsh  Read Replies (2) | Respond to of 2514
 
George I hope you agree with me that this is a Quarterish -doublish or more stock in price some day! Next to show you how fast things happen, I paid like 20 cents over a year ago for a PP here and it has been at dimish for 6 ++ months..until 2 days ago...2 cents here and then - whammo:
Message 9832071
Message 9832480
Think about priorities...if I sold...I would of lost. Who is a fool more, a guy who got in in December at dimish waiting for the buck as it dipped, or the guy who sells buys back with all the costs? Strange, isn't it.
Chuca-I just saw Star Wars- feel the force. FTF



To: George S. Montgomery who wrote (1880)5/28/1999 8:13:00 PM
From: Jesse  Read Replies (1) | Respond to of 2514
 
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
:>