MXR
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6.06% 3.5¢ maximus resources limited

MXR Fundamentals, page-357

  1. nkat2007
    1,311 Posts.
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    28/11/22
    11:42
    Post #: 65023366
    MRE for Redback #gold should be approaching (guidance was December from previous update in the quarterly).

    Multiple reports of Gold stockpiling by China and other countries a telling sign and we could see a price resurgence above US$1800 in 2023. Producers are all moving up from their lows, I suspect explorers will start to follow suit.

    https://schiffgold.com/key-gold-news/china-likely-stockpiling-gold-to-minimize-dollar-dependence/
    https://asiatimes.com/2022/11/chinas-gold-stockpiling-is-dollar-warning-sign/
    MXR Price at posting: 4.3¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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