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Message: Traps and the belt

Traps and the belt

posted on Jan 11, 2009 12:49AM

Hey Traps. The only issue I have with mmu is that it is more diluted than WEL and I think it will continue to dilute just to keep up with it's obligations. However it does have ties with San and the JV. The more I think of it the more I see Marum as an exit plan for SAn in case of San buyout. WEL is cheap and did not fair as well in this market decline. I was impressed with MMu price as it shows that it is held tight. I was hoping for .05 or less but never picked any up there so now it leaves me to wonder if I should give in and try to poke around and pick some up around 6-9 cents because price seems to be strenghtening. Not many sellers anymore in WEL nor MMU...

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