MRD 0.00% 0.1¢ mount ridley mines limited

Exploration success is just around the corner, page-3

  1. 1,800 Posts.
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    In the interests of balance, IMO it should be noted that this is an exploration play and success is never guaranteed.  Those expecting this stock to behave like a dividend producing ASX 200 stock should look elsewhere.  Those expecting that the charts can be reliably read and acted upon, I suggest you move along.  It is an exploration play.  A pretty attractive one at that:
    • Attractive tenements adjacent to previous mega-success.
    • Extremely attractive geomagnetic readings.
    • A good new management team clearly focused on prudent expenditure of shareholder funds and on regular and clear shareholder communications.
    • World class geologist overseeing their exploration programme.
    • This programme has now transitioned from closing out the old mgt/geo's activities and on to the high value targets.
    • Well funded for now.
    But it is an exploration play.  GLTA.
 
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