MMN - Macmin Silver

[punani]

Looking the goods IMO. Wish there was a little more volume though.

 

[globeexplorer]

Good morning guys!

POS yesterday soared up to U$ 12,87 and Macmin Silver in Frankfurt / Germany to 35 cents. A definite strong buy these days - Glo

 

[Sean K]

MMN looking pretty good atm, imo. Steady climb back up off the canvas and nudging resistance at $0.35 yet again. Should have the legs to get through shortly, with POS heading higher.

I entered this at $0.36 a while ago and bought more last time it hit the 200d ma. Next resistance $0.40. If it gets through $0.35!

 

[rederob]

MMN looking pretty good atm, imo. Steady climb back up off the canvas and nudging resistance at $0.35 yet again. Should have the legs to get through shortly, with POS heading higher.

I entered this at $0.36 a while ago and bought more last time it hit the 200d ma. Next resistance $0.40. If it gets through $0.35!

kennas
I am expecting a strong close to precious metals tonight as Monday is a holiday in the US, I believe.
With the Iran issue now headline news, expect gold oil and silver to get a fillip.
POS to close at plus$13 tonight...... or very very soon.

 

[punani]

Has to be a bargain at these prices..... surely.

 

[constable]

up again this morning seems like the issue at 30 cents is the only thing hold this back, penny for your thoughts anyone?

 

[Out Too Soon]

When is the issue finalized? Is it available to non stock holders? I hold Bolnisi & am looking around for more Silver.

 

[constable]

When is the issue finalized? Is it available to non stock holders? I hold Bolnisi & am looking around for more Silver.

Silver is chugging a long well be interesting if it crack 14 dollars again!
The offer is available to existing share holders only, ex date 3 nov (you,d have to buy 2 nov).
Offer is 1 new share for every 15 currently owned with a purchase price of 30cents
For every 2 new shares purchased their is one attached free option exercisable at 25 cents by 30 oct 2008.

 

[Out Too Soon]

Thanks Constable,would have been a nice offer for holders, I"ll keep watching, but hopefully not too long.

 

[constable]

Worth keeping an eye on today to see if can maintain momentum.

 

[repete]

does anybody have an opinion as to were MMN is heading, as i bought at .32 think it was oversold but its still dropping

thx

 

[bean]

Just thought I would mention it. Trading @.32 today
I've been buying back in, hasn't done much lately. Looking at MMN you would think POS has been going down Just wondering if POG goes over 700 US what will POS be? If the precious metals just happened to go on a run?
If they didn't MMN would go down.
At moment has resistance @.34 and then about .40

 

[Flying Fish]

I am surprised noone has posted on this recently. They just got EPA approval Friday and coincidently an ex director bought uop big. Might be worth a look as a long termer given that BSG has been taken out.

 

[Boyou]

Just been taking notice of this one last couple of days.

SP has bounced 6.45%. to .33. I notice a fair bit of activity in the later part of trading after announcement re Tally Ho Drilling results.About 4 million traded.

POS knocking at the door of $14.00.

Any comments?

Cheers Ya':confused

 

[Boyou]

Since that last post the POS has gone south ..along with Gold(of course).

This link might be interesting to those who have Silver in their sights.Maybe it is a beat up and maybe it is the future for this metal




//www.silverbearcafe.com/private/unique.html


Cheers Ya'll

 

[explod]

This stock is well worth attention again IMHO. Since the end of 2005 this stock has been in a gradual but steady uptrend if we look at its support base. There have been some large upticks but if one is to look at the silver price chart it will be noted the MMN follows this to the letter. The silver price has begun to firm again lately and the bounce, off the support, of Macmin reflects this. Silver in my view is the most oversold of the precious metals and having also a growing market, for IT hardware in particular, should outperform gold. The rise in precious metals reflects the falling US dollar and the massive debts of the developed world superpowers.

The time is arriving for the long term faithfull of this great Queensland mine. I REPEAT, IN MY very HUMBLE OPINION

 

[Bushrat]

MMN - MACMIN

MACMIN COULD BE ABOUT TO MAKE A MOVE, ON THE BASIS ON MOVE UP IN THE PRICE OF SILVER. MMN CHART SEEMS TO HAVE TURNED THE CORNER ON RELATIVELY LOW VOLUMES..

 

[SevenFX]

Re: MMN - MACMIN

MACMIN COULD BE ABOUT TO MAKE A MOVE, ON THE BASIS ON MOVE UP IN THE PRICE OF SILVER. MMN CHART SEEMS TO HAVE TURNED THE CORNER ON RELATIVELY LOW VOLUMES..

Here is a chart for the last 1 1/2 years, but according to this chart it is heading South, and b4 that it was heading East (sideways) though North must be near as it's the only direction it hasn't headed...???? LOL

SevenFX

 

[explod]

Looks to me like a real change of heart. Going with the fundamentals and a potential breakout on technicals.

 

[Uncle Festivus]

I think a lot of 'babies' got thrown out with the bath water over the last few weeks, MMN being one of them. Deeply oversold, now making up for lost time.

SINGAPORE (Reuters) - Silver is catching up with gold's gains, rebounding more than 11 percent since last month's sharp drop as purchases from jewellers and bargain hunters resurfaced but some investors may be tempted to wait a while.
Spot silver hit a high of $12.27 on Thursday, within sight of a near three-week high of $12.35 hit earlier this week, driven by buying from Japanese speculators who took advantage of a firmer yen against the U.S. dollar.
"The opportunity to buy silver has emerged once again. We believe the rally could hit the $13.50 level initially and then probably extend to $14.75 as 2007 comes to end," said Pradeep Unni, an analyst at Vision Commodity Services in Dubai.
"Silver and gold are the most sought-after among precious metals and it is not at all surprising they tend to correlate quite well. But the potential for silver to rally is significantly higher than gold," he said.

http://in.reuters.com/article/businessNews/idINIndia-29365120070906