American Manganese Update with Larry Reaugh
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What is it going to take to break this company out…..
50cents down to 2.5cents in a year or so….
Isn’t is the massive start up costs that is the problem and what will make if feasible for a company to commit that type of money for this investment?
How long can Larry hold on?
I have seen him work miracles over the years. Not investment advice, just an observation.
Larry is a stand-up guy IMO.Very temped to buy a “whack” at .2 cents
Thanks Al.
I suppose we’ll have to wait and see how Larry pulls together the funding to move this forward.
I know you take the time to inform listeners on your various positions in companies and state you would inform investors on your moves 2 to 3 days in advance.
I don’t catch all of your commentary so am not sure if you have stated any new buying of AMY.
I’ll just ask, have you taken the opportunity to buy more AMY at these super depressed prices?
If not, can you define the criteria you are looking for before doing so?
I had bought more at 3.5 cents and may buy a little bit more prior to the end of tax loss.
By the way, Larry made a very interesting point in this interview. I look forward to getting a further understanding of it.
Trevor
Howdy Trevor,
At this point I have not purchased any additional shares of AMY.
Constantine Karayannopoulos has replaced Mark Smith as CEO at Molycorp.