Why am I Holding on you ask.....I have always stated here that I am a big time follower and believer in AGP......whilst they remain shareholders with this Co, so will I. I am hopeful that they know something more than we all do as it has always been their way of operating that they will walk away from their non producing/performing companies. Once and if they start dumping the stock so will I. At this stage I think they are stuck in a bad place as there is literally no interest or trading in this stock by investors or institutions.
Besides AGP, I am unaware who MUN could possibly borrow money from if needed today. After the last capital raising it seems as though AGP and a majority of stockholders weren't prepared to take on more stock in this Co. That's the main reason why I also didn't take up the last capital raising at 15c and I'm so glad I didn't. There must be a lot of disgruntled shareholders out there after all those pie in the sky stories from JL started rolling out of the Co.
Like always I only post on my own understanding of what the Co puts out in announcements and most importantly the information they don't include or want you to know or question them on. I just want to know all the true facts of their operations. I don't go out of my way to ramp down a stock that I own.
MUN Price at posting:
8.8¢ Sentiment: Hold Disclosure: Held
