Yeah but what worries me is like some of the previous stocks with these guys there is a huge spike then collapse after that. Look at IBG - sitting on what is probably the worlds largest zinc deposit and its languishing around 26 - 27 cents, and just wont budge! These guys tend to get the initial capital from small investors thru a float and from there go to the institutes. I'd love to see an offer to existing holders but dont think we'll get it. So who is manipulating the price? The company themselves in order to make an offer to an institute more attractive (dump there own value for long term gain), or a buyer trying to create uncertainty? I'll say it again, its got huge potential (like IBG at citronen) but its quite possible we wont see it go back up into the $2 range.
MBM Price at posting:
32.8¢ Sentiment: Hold Disclosure: Held
