re: favourable report - acturtle
If I was a shareholder I would be asking why they are taking so long to get into production.
Some companies will conduct studies and drill on forever. Sure it pays to scope the size of the project but with some deposits you can keep doing that for along time.
Other companies will bite the bullet and get stuck into it. The industry has well known "doers" whom generate value for shareholders by getting projects into production FAST.
Since MRX have no cash flow and the project is really by industry standards still a small one... they have no reason not to be getting stuck into it.
Not very impressive in my view.
In brokers parlance ......BETTER PROSPECTS ELSEWHERE.
acturtle
MRX Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
