Events of last few weeks should move share price. Not quite sure about the direction though.
+ Increased output / production. + More Favorable exchange rate. + Lower costs of diesel.
However, against all the good news is the sharp drop of the price of copper.
While copper has fallen 15% since it peaked at around US$4, the lower exchange rate together with lower production costs should soften the impact. I tend to think that recent events are actually in favor of MRX. Any thoughts on that?
MRX Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held