Dear Old Gard's...Oh Contraire....I am surprised at you!!! I think it is demeaning in the extreme to the market, To suggest that it "Knows nothing" of the case..... Can you really be so nieve as to imply that an investor,in this modern technological age, where information is just a few key strokes away, either an individual or institution, perhaps parting with a few, to many tens of thousands of dollars either investing personally or via a broker in Murchison, would not know about the case!!!. Excuse me, But I find that laughable....Any serious investor (note ,I exclude punters)..would surely read reports, quaterly. annual, announcements, brokers comments and make informed decisions... And as to commemnts you make referring to discounted price "factoring in 100 to 300 Mill" You have been saying that since MMX were $1.40 when the case was on in October..Now up double and still rising.....Obviously market is factoring in that MMx is cheap at these prices....Note it is better performed than its contemporaries AGO. MGX etc.....Whereas chm is performing exactly as a peent dreadful with no prospects should...Doing nothing, no interst cos "the market" knows that a court case over a misappropriated $300k, Aint going to add up to anything more than a few bob...If you think about it, you know it makes sense...In conclusion the market and most smart and intelligent investors are saying...MMX at $2.70. underpriced and hence good value...CHM at 2.4 cents overvalued and very..VERY risky..
CHM Price at posting:
2.4¢ Sentiment: Sell Disclosure: Not Held
