I don't pay attention to the daily price, especially in this type of stock, mirco cap, developing company. I actually find it amusing from both sides of the fence the energy wasted telling the rest of us the obvious that the stock is declining or that it rising and then actually fighting each other over it.
If Mantra has nothing to report the stock will fall, when Mantra has something to report the stock will rise, it is not rocket science.
In the OTC, one really good PR (major contract) and the stock may go from sub pennies to dollars.
With the failure to launch the Lafarge Pilot Plant and silence that followed the continuing falling of the stock price is not unexpected.
What I find very interesting is the slow rate of the decline and the RELATIVITY low number of shareholders that have left the position.
If you review the total volume of shares that have been sold during the decline I believe it is under 2% of the total shares. Even though those shares were sold by some that lost faith in the company they were purchased by others that see possibilities here.
If you also take into account the declining condition of the over all markets as during market decline investors leave unproven stocks and place their money into stocks with proven track records or jump out of the market all together.
The technology works,they have great working partnerships, they have government interest and the right product at the right time.
What else can you ask for in the OTC? Well I guess there is money to fund your projects, hopefully that will come.
May your patience pay off.
