MTB 0.00% 0.1¢ mount burgess mining nl

Ann: Update re Appeal Court Hearing re PL69-2003, Kihabe Proj., page-7

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  1. 605 Posts.
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    Think it's a long shot! Your strategy sounds sound.

    Don't let me influence you, I don't have any particular knowledge on the topic, it's just that the share price is down 250 fold in 10 years and probably 2000 times in 20 years.
    Throughout this time the fundamentals have been great, big reserves (although low recovery rates, still massive reserves with lots more to be proven in the area of their license) , impressive directors, London broker reports, big commitments from the board and shareholders....but the share price just doesn't stop falling!! Some great news flow over the past 20 years and great fundamentals but the price just never stoped falling (from nearly $2 pre 7 for 1 split to 0.5c).
    Logic and hope says we have some serious upside, but history says despite these fundamentals, the price will continue to fall!
 
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