MRD 0.00% 0.1¢ mount ridley mines limited

Gut Feeling, page-81

  1. 870 Posts.
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    Seriously you're concerned about what these clowns think who think that being in debt is a good thing???

    I laugh my head off when I see these so called investment advisers / financial gurus who say that having debt or openly advocate having debt is a good thing.

    Commonsense tells you that living beyond your means is not a good idea unless you have the proven assets to be able to cover your debt in my albeit "unenlightened" opinion

    MRD did a substantial capital raise no so long ago, money is not their problem currently as their expenditure since would have been relatively insignificant.

    Debt or no debt it won't matter if they don't find anything of substance, if or when they find something of substance will be the only real determination of the company's eventual success or failure.

    The AGM is on Thursday if you're that worried Bobby attend and ask your questions there.
 
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