MRP 0.00% 6.1¢ macphersons resources limited

The Elephant in the Room, page-6

  1. 1,137 Posts.
    Quite possible they will pull a rabbit out of a hat. Given the issues with the price of gold and silver and the fact that they are a small zinc explorer, maybe an alliance or some other corporate activity could put a rocket under it. Personally, Ive given up on it for now. They have kept saying the DFS will be released on a certain date and then kicked the can further down the road. To my mind they have done it too many times. Getting an explorer up and running is hard and whilst I had confidence they could do it, I am now much less confident. In my amateur view, they are a much riskier investment with much less upside given the dwindling price of precious metals. I think they could drop a lot further. The next announcement will be pivotal. Best of luck to all holders, but Ive moved my commodities capital to a zinc play.

    I am not a financial advisor, just a poor disappointed schmuck who believed the released that the DFS would be out by a certain date.
    Last edited by DrDann: 23/07/15
 
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