unfortunately the boom run is now behind us.. investors will only commit to projects with well-established resources or defined or close schedule to production..
MHC does not fit into this category unfortunately.. we have no clearly defined resource and we have to be honest we are years away from any thought of production.. although I did top up recently I have the feeling this could go a little lower yet..
In my opinion you would only Park money here you have no need for at least the next 2 or 3 years .. there are companies with defined multi-million ounce resources with 50 million dollar market Caps at the moment so forget about pie-in-the-sky valuations of $0.10 let's aim for 2 or 3c
Cheap buying Today, page-25
-
- There are more pages in this discussion • 45 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MHC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.185M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $3.298K | 1.658M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 61748308 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 40666843 | 26 |
View Market Depth
| Last trade - 14.48pm 04/10/2024 (20 minute delay) ? |
| MHC (ASX) Chart |