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Should have read "beginning to swing back to Stay Public" NOT Private. More haste means less accuracy!!
If I remember correctly Umurham's net worth is around 1 billion dollars, so no real money here unless he takes the rest of MNG public. That's what my greatest hope is, and what I would do. Private is hard work, with the only money be made thru mining and selling gold. Public brings massive exposure to investers, which is even better for the share prices. Share prices do not follow POG directly. POG goes up 30%, shares of most (viable) companies go up 100 to 150%. Public is where the money is, and why we're here. Right?
Sorry type error - that should have read 5.4 million and not 54 million
Lets not forget that Mr. Serhan Umurhan (CEO and former General Manager of MNG) bought 54000000 shares at 1.5 back in early December. Please note Mr Umurhan is a long time employee of Mehmet Nazif Gunal who has worked his way up the chain to become our CEO, and hopefully he sees this as his opportunity to make some real money This operation is still a not without risk but a number of its key personnel are invested in ASO, either directly Share ownership or through Options. Whilst I am still cautious after my losses last year I am slowly becoming more confident. And my own personnel Swingometer (Stay Public / Go Private) is beginning to swing back to Stay Private. Only time will tell.
Me too.TSX is up as well lets hope this keeps rolling. it has been a painful ride
Well we have a plan, let's see how good these guys are. If they are the real deal then this could be a good ride at this starting price.
About the same as that Ironfish - have drip fed money in since it hit 0.0154, still keeping an eye out for news before buying. One thing that keeps popping up in the back of my mind is that the senior employees (not BOD) are hoping to get the SP to 5p+ by the Xmas so they can cash in on the 2017 shares options (excise price 3.4p). .
I sold 90% of my pot in here when it was AUE, before it went into the last death spiral. Slowly coming back in....
Yup. Always will be
"taking it private worry..." Which is presumably still there?
Just seems to take a bit to filter through. . plus there was the taking it private worry....
Just seemed like the reaction has happened only this week to things that have been happening for a while
it seems ofline in terminal for buy but saxo bank buying for me
sorry for my English. Long term approx. 2 maybe 3 year my expextation 10-20 pound now 2.4 pound. Chief Executive Officer & Director is Serhan Umurhan he did great work in Koza Gold corporation. Also MNG owner Mehmet Nazif Gűnal never lose. He building now very very big aiport. İn istanbul. The largest airport in the world.
Funding sorted Litigation Resolved Working Producing Mine New Management Low Free Float Massive Exploration Potential Other than that - nothing
Nice to see a friend from Turkey. Also growth in last two weeks just as I had hoped. Originally got in @ 30p share then cheaper and cheaper. Then bought 5 times my holding 3 weeks ago @1.5p with complete confidence in new, established and undoubtedly far more professional management than previous incompetents! Also saw what Richard Griffiths did! I have followed this for 3 years. I forecast 3p quite soon. Then after a few months I expect 4/5p before new owners really cone clean with their expectations AND starting on other parts of the prospects and, I anticipate other major deals for ASO. I do wish the new owners thanks for saving us. But also all the luck and backing for the future!
Well it's abit overdue don't you think ?
Anyone know why the sudden rally?
musamura - are you able to trade in ASO shares in Turkey?
another mine area going to activeted. future is gold not paper many :)
please do tell from Turkey
Never trust anybody!
http://www.forbes.com/profile/mehmet-nazif-gunal/ look him BOSS and trust him
tell them to get the sp to £1 and we will be a big £5 billion mc gold producer
im watching 1,45 and 2.4. not gold important because just there. MNG want tobe big gold producer..