MSR 0.00% 0.7¢ manas resources limited

Ann: Quarterly Activities Report, page-6

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  1. 26 Posts.
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    This has been covered so many times. Google 'burkina faso monsoon' and you'll see why the drills aren't spinning.

    Yes, it's annoying to have a relatively stagnant SP
    Yes, the timing of getting their tenements and approvals vs. the start of the wet season were poor
    Yes, they have tons of money in the bank

    however

    It's also moronic to drill during a 4-5 month period that gets 1000mm of rain, regardless of how much money you have in the bank and how impatient your shareholders are. If you want a speedy pump and dump stock there's plenty of other great options out there.
 
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