Ann: Exploration Update, page-29

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Dazzle101

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26/01/17

18:17

Post #: 22155674
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Originally posted by Ellendale ↑

Couldn't have said it any better myself Milwarpa. In fact was just writing the same things as yours popped up.

Let's not forget that previous management drilled 14 holes in the same area chasing ghosts. Now naysayers without the courage of their convictions and no skin in the game are trying to say that current management are incompetent because they tried two holes at a small legitimate offhole conductor and didn't quite get there because of unforeseen ground conditions and deviation. However, they did prove by the sound of it that the conductor is small and NOT the tip of an iceberg, so made the correct decision to shift focus on the other 998 square kilometres of property with targets that have never seen any previous exploration. And as you say they are doing it in a logical, sensible and diligent fashion.

If the naysayers are serious about backing speculative exploration plays, then they need to grow a pair as this business isn't for the faint hearted. If you want certainty, buy bank stocks. If you want the rewards of speculation, you have to be prepared to wear the risks that go with it.

Very early days here, and the company is only now doing the type off exploration previous management should have completed years ago.

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" If you want certainty, buy bank stocks "

MRD has been very certain ST for years now,
Buy @ around .08.
Get PPP / Newsletter pumped.
Wait for " Syrius " " Nova " pre drilling Fomo.
Sell on spike, make 10% - 40 %.
Price goes to 1.4 / 1.8.
Remeber the spike to 2.3!
What a beauty
Drills break, no target found, Management must go!
SP falls again.
Rinse, repeat.
.07 would be nice buy this time.
Gltah

MRD Price at posting: 0.8¢ Sentiment: Hold Disclosure: Not Held
2 Upvote

0 Great analysis

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Ann: Exploration Update, page-29

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Ann: Exploration Update, page-29

Top Stories

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Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

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This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

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