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Wednesday, July 16, 2014 12:11:45 PM
The rally stalled and reversed because:
1. After 3 years of trying to land another metals contract, still nothing delivered.
2. After searching the CRS website, still no hits on mithralmax.
3. After a year of working for the company, still no signs of anything produced by Upham.
4. No clear stategy communicated for what happens after 6 months of testing by MDA - licensing deal? more dilution? more testing? go it alone or with a partner?
Overall a nice move from 4 cents back to the level of 4 years ago, but the stock can't continue to go up by itself. I will consider taking a new position if the price goes below .11 or if management performance merits a higher price.
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- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/21/2023 08:04:24 PM
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