I don't remember where I posted, maybe I posted MRX accidentally in CSM.
Are MRX loafers?
They have been in respect of delays in getting the BFS out into the market. I think it is quiet reasonable to say that when they announced a delay in the BFS the SP was hurt badly, which along with the overhang of shares from their major holder selling out forced the SP down into the 7's.
All I was saying was that over the last 6 months I could have used the cash that I have tied up a little better and still got into MRX at the same levels that I did months earlier.
On a positive side, I like the story, I wouldn't have got in there if I didn't. These guys have proved up a fair amount of Cu in a pretty short time. The results the other day were very encouraging.
My style is reasonably patient so I am not too worried. I think 2005 will be a big year for MRX and am expecting to see at least 250% from the current SP.
Chinkiat
MRX Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
