I guess you didn't like my Moo-re headline. I guess it was a cow of a joke. Lol
MOO is worth it at its current value, but I would wait until some one dumps them. Just a few days ago, you could have picked them up for 0.005, some even got them at 0.004. Patience is the key for any share. Buy when no one wants them and sell when they do.
If you had picked them up at 0.004 and placed a sell order for 0.007, you would have walked away with a nice 75% gain, all in the matter of days. That end of year sell-off is nice for a quick turn around.
But the question is, what are MOO really worth? Unfortunately, that is very hard to determine with specs, although if they keep finding nice tin and other deposits, then they could be worth a lot more than what they are now.
Once the BG deposits get moving, then we can better determine a price. At the start of the year, I valued them at around $12 million, but things have changed since then, including the macro environment.
For disclosure sake, I hold and have purchased at 0.005 and 0.006 but I will not be buying them at higher prices, although I do think these are a long-term buy given the expected direction of the price of tin. However, when the MC reaches above that $12 million mark, then better value will be found elsewhere. Still, that is a 28-43% gain from here.
:-)
MOO Price at posting:
0.7¢ Sentiment: LT Buy Disclosure: Held
