MPJ 0.00% 0.0¢ mining projects group limited

people who are talking of the consolidation and "months to go...

  1. 9,235 Posts.
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    people who are talking of the consolidation and "months to go before edrilling" and all that doomsday like comments should take a peep over at another Mali gold based explorer now looking at Li exploration (not naming names here for cross-promotion, but it is a well known company in this space and most will know of whom I talk here)...

    Consolidation - 10:1 = DONE
    Li play - zoned in and work in progress on drilling (not any day soon)
    3 shares for every 7 shares SPP ann when the sp was 6c a couple of weeks ago

    GUESS WHAT the sp was last Friday - hit 21c and closed at 20c...

    same boat as MPJ - and even 40% increase in the number of shares is not enough to dampen the spirits there... MC up by 350%... and AFAIK, there are no known Li megaspots where they will be drilling like PLS near us...

    so, MPJ's rise MAY not be a day's affair as far as we may know... time will tell... could be a good rally... risk v reward...
 
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