MMX 0.00% 4.7¢ murchison metals ltd

mercantile's intentions ?, page-13

  1. 2,306 Posts.
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    Hi bottomfeeder,

    You have outlined the case of why this is a good buy pretty well I think and I am a holder for the same reasons. Can you actually see some risks to all this that I may have missed? It is sounding like a bit of a no brainer for me to buy even more shares at 4.1 cents. But I always like to think, why are sellers happy to quit at 4.1 cents? I am thinking that holders may only have small amounts in the stock , just read the company announcement that says 3.5-4 cent range, not giving things much thought and think therefore it is smart to sell now at 4cents.

    I just think it is a good buy. I followed MVT and Ron's play on stock AYT this time last year and did very well. This one appears quite clever also.
 
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