MRU 0.00% $7.00 mantra resources limited

mru vs unx why pay 2 65 , page-2

  1. 768 Posts.
    so puka2,

    part of your reasoning to buy unx over mru is beacuase one stock price is higher than the other...this is superb analysis and reasoning to buy (or not) a company.

    And that MRU can hit $2.65 then URA can hit $5...I can completely understand how that can be with all the supporting facts you've supplied. Amazing stuff you've posted here and has me considering selling my MRU...I guess one nagging thought in mind is how did Colin Steyn and ex founders of one of the most successful resource companies (Lionore) miss this?

    Colin was recently appointed to MRU as a non-executive director and their present investmet vehicle coughed up $24million for the seat and some equity. Maybe this is a mistake on their part and they should be using your 'methods' for valuing one company over the other?

 
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