RRR has simply gone free carried in MDX ... I hinted that this may be a possibility in an earlier post. Even if they sell the lot it doesn`t really matter anymore as MDX is taken a lot more seriously now than it was at the beginning of the year... all thanks to the investment activities of RRR and Andrew Tsang.
As I wrote before us longer term holders should be thankful to RRR for mopping up lots of the losse stock when MDX was trading around 10c - 12c.
Also as RRR is now apparently focusing on JMS they are still keeping their cash invested in the pilbara region and will still be a force for consolidation among the various juniors that operate there.
All good news for the future imo...
EB
cya tigerten, page-8
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