Zippy101 I wish I could tell you a 100 % certainty that every thing will be alright but the truth is I haven't got the foggiest idea.
But what I can tell you last year when Mantra was at a high of 70 cents the general market was in a major bull market. Today it is very bearish.
Last year you had Mantra working on the Lafarge Pilot Plant, while the dead line of commissioning was missed we know that the project is still alive. Not only that project is still alive but a second project has been added, the Aysinger Brewery. Not a duplication of Lafarage but one that will give Mantra a second value product to sell (formic acid and syngas).
Also added in 2015 to Mantra pipeline was a patented formic acid fuel cell, which has shown to have many advantages over H2 fuel cells.
So here you are a year later the price of the stock stinks, yet the company has more assets and potential than ever before.
One important thing to remember while this company has fallen the past eight months it has been do to no news not bad news.
I don't like the price fall, but in all honesty I am that not concerned (but I am willing to ride to zero) Mantra itself hasn't given me a reason to do so, yet!
Is it that or ............
Is Larry selling his shares? It's quite obvious he may not give a damn otherwise he would be releasing some reassuring news
Is it that or is it he realizes the real value here will show it self in the near future.
You are upset (rightly so) because your are down $200,000, how do you think Larry feels right now he is down $10,000,000.