In my view the sulphide exploration hit was the last thing they needed. All it did was suck more shareholders money into exploration at a time when the the company should have been focussed on getting into production and delivering cash flow.
Most other companies in the industry would have ignored the sulphides (even if they are tantalising) while the oxides and getting cashflow are so important.
This company has been in feasibility too long and to me have shown poor management.
The major shareholder selling out some time back was the clearest signal you need for not holding this stock.
acturtle
MRX Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
