Australia's largest stock trading and investment forum Australia's #1 stock forum

MSR

Click for more information

0.00%

0.7¢ manas resources limited

Tanzania news, page-5

First 5 Last

Share
Profile

Follow
HotRods65

5,584 Posts.

124

24/01/18

14:35

Post #: 30533506
Share

Originally posted by Inverter ↑

@HotRods65

I don't think retention licences apply to MSR at all in TZ... Additionally the market has valued TZ at zero and is still valuing it at zero.

The recent rise and buying interest is due to the market waking up to the fact that we have 9.7m in cash, and are on the hunt making acquisitions.

The Ivory Coast aquisition was a pleasant surprise as I see it as the #1 destination for gold exploration in Africa atm, even Mark Bristow from Randgold would agree.

This is absolutely huge in terms of future news flow and i'm looking forward to exploration commencing.

Any news on Tanzania that's positive would only increase the shareprice by many multiples given the VGP has ~1.2moz in historical resource - Negative news would have little to no impact whatsoever as we've already seen MSR valued at below cash.

I don't think we're going to need much luck from here but good luck to you! I can't find a better place than MSR to have my money in now.

Expand

Goodluck to you inverter.

MSR Price at posting: 0.7¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

Top Stories

ASX Market Close: ASX closes above 8,400pts on green Wednesday | Nov 27, 2024

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

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

ACW

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

WC8

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

There are more pages in this discussion • 15 more messages in this thread...

First 5 Last

Add MSR (ASX) to my watchlist