I agree with you on point 1). We all want some facts and not just opinions.
That brings me to your second point. Bushkid's view was an opinion backed up by yourself. There was no fact at all.
Considering that most of his post was in regard to Sellheim, well where does it say in any report by MXR that they won't be in production until Late 09?
The latest from MXR says that they will be in production 2nd half this year. That is fact if you believe management. The other point that both yourself and Bushkid both didn't mention was that we are talking about an Alluvial Gold Deposit. Part of the CR included the production of Sellheim with plant and equipment.
3rd point. You make mention that you believe Vanadium will taper of in price in coming years due to over supply. Again bbq, these are your opinions only. The 2015 that was spouted on the MXR thread came directly from the WVL Windimurra Presentation. As well, it is very contrary to your guesstimate. They also mention that they expect a 7.8% compounded growth upto 2015. It is not fact. However, it is at least based on a report rather than your gut feeling.
You mention that you don't think MXR will be mining Vanadium next year when the price is high. I agree with you. I doubt they will be mining it within the next few years unless a JV or sellout of the Vanadium tenements. Thats my view.
Again i agree with point 4.
5). Point 5 is rather hypocritical of yourself considering most of what you have said is nothing more than your opinion.
bbq, i am happy to respect people's views.
What i don't like is when an unknown comes along and posts unfounded comments. He didn't even know that Sellheim is alluvial.
End of the day, we all want MXR to succeed. Yes, its still very much a "Speccy" and even when it is finally producing will more than likely remain a speccy for some time to come.
May never get out of the spec status.
Now what is it bbq?
Truce or War:)
I would prefer to leave this rest.
Cheers markco2
MXR Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
