MMX
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0.00% 4.7¢ murchison metals ltd

kick the dog while it is down, page-3

  1. Matt747
    10,494 Posts.
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    05/10/11
    13:18
    Post #: 9051274
    George Jones doesn't mince words.

    His Chinese connections is the strongest among Oz mining industry. Not that I agree with the 57c sale of SDL. I am still happy in light of the buying power.

    To suggest that MMX will be wound up over a few million bucks is a bit silly when JHEP (3 Billion + ton resource) based on recent global transactions of magentite ore is anywhere from $1B - $2B. You guys do the sums.

    Better still, how much has POSCO forked out for it stakes in MMX ??
    MMX Price at posting: 24.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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