MRD 0.00% 0.1¢ mount ridley mines limited

Ann: Mt Ridley to acquire high-grade Philippines Gold Project, page-67

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  1. 870 Posts.
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    Lazarus as a professional writer I am well aware of how easy it is for your brain to read something into a story or document that should be there.
    If you don't have professional proofreaders which newspapers and magazines no longer have it's easy for stuff to slip through.
    You can read something like that multiple times and consistently miss typo's but then come back it to a few days later read the same story or document and think how the fuucck did I miss this.
    As for the share price rocketing I can't remember anyone especially myself saying that it would be rocketing upwards but I did say and I fully expect that we will get a nice little kick along once people appreciate the potential of whatever asset they obtain or words to that effect.
    I think when and if the diamond drillling in April confirms the resource I have no doubt we'll get a reasonable kick in the share price.
    In addition to this we've got the ongoing exploration at the FR site which we'll also know about in the short term so both short term and long term, despite the obvious potential hazards associated with working overseas in somewhere like that I still think there's nothing but upside and enormous potential.
    The company really appears to have done their homework, the government and the locals appear to be behind the project and I love the fact that 10% of their exploration budget before anything else happens will go towards local community projects, infrastructure etc that sort of thing will generate a lot of goodwill.
    You have the usual knockers on here knocking it and they continue to predict doom and gloom but so far we're still here and I think have a really good chance of getting a serious result but hey that's only my uneducated non geological opinion.
 
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