I emailed them the other day re their drilling and a few more details about what they were up to and didnt get boo out of them.Either they dont like returning emails or they dont like people asking sticky questions close to a significant ann as it may give away some info they are about to impart.
I thought the BFS was still a little bit away.Those further assays were due.
I believe they have 3 rigs drilling so what chance some much higher grade results.
Or maybe they've comitted to White Range and have the financing.
It could be just about anything.
If they were using a trading halt for a placement it would be a fairly substantial one.Cant see them doing this as they did one not so long ago,have good cash on hand and are looking to debt fund these projects.
Chinese?Be wary of these guys.Look at the deal they got from HIG.They wont pay top dollar for anything.MRX would be better to mine it themselves.
Top 3 choices.
Good drill results
Early BFS
Early BFS with financing tied up.
Friday will tell all.
They are good at the overstatement too.Nothing wrong with that though!
Cheers d.
MRX Price at posting:
0.0¢ Sentiment: None Disclosure: Held
