InvestorsHub Logo

Pat

06/08/21 8:05 PM

#566 RE: Obtuse Eye #565

I'm by no means an expert on research or investing, however, I think your summary actually answers your own question/request very well.

The only reason that I'm visiting this forum is because I believe that new developments in battery technologies and new means of power storage are inevitable in our world. Manganese has been mentioned in a number of articles I've read as perhaps playing a key part of that evolution. I saw this company mentioned somewhere and started looking for additional information to see if they might have a legit role as a potential investment vehicle.

Without meaning offense, I saw this forum and almost immediately wrote it off since I tend to shy away from forums that are dominated by one or two people who cite at best tangential information while suggesting dreams of great riches. This one was a little "over the top" since the sources being touted as DD seemed to be little more than generic articles and interviews that merely offered descriptions of the future industrial needs without the connecting piece of how the stock connects to the players who will likely be the major players who have the needs. For example, is there a relationship with an Elon Musk type who will likely be a major player in the evolution of batteries? If not him, are there other major league players who have a connection with MNXXF? If so, who? And what is the nature of those connections? What makes MNXXF more attractive than other competitors who might be positioned better? Show me a track record. Past performance CAN predict future success.

The most basic requirement of DD is obviously finding info that at least specifically mentions the stock and it's history and track record in the industry. I haven't found that information on this forum. Perhaps the stock will ultimately be the dark horse that surprises me .... but it will truly be a quite a surprise to me if that happens. This is merely a personal opinion. I certainly have no inside information. To the contrary, it is my absolute lack of information that makes me shy away.

I wish good fortune to those who have already placed their bets. It's possible that there could be a little money to be made simply by being in the same niche as entities that satisfy the needs of a potentially growing industry. I just don't see projections of a multi-bagger that are being suggested here. I'll be looking elsewhere unless I find credible information at some point that changes my mind. My opinion would change on a dime if that happens.

Good luck to all who have chosen to participate in the future of the company. I'll be the first to humbly eat my words if I miss out on the potential success of MNXXF. Time for me to move on. Good luck to all.


Pat