MMX 0.00% 4.7¢ murchison metals ltd

chm to take murchison to court, page-26

  1. 2,988 Posts.
    CHM directors going to prison more like - Sounds like they have a history of shonky business dealing - trying to pull off a mighty big fraud here - with significant implications.

    I agree with above - MMX picked up tenements fair and square and CHM looking to plunder them based on an expired agreement after having put in nothing.

    Even IF it was a genuine claim - the unexplored tenement would be worth only a few hundred thousand before we knew what was there - and CHM have done NOTHING and paid NOTHING towards anything - so most commercial agreements would entitle them to less than 10% to end of exploration phase and about 1% at production. More business sharks from Sydney - I suppose they need to be because they know sweet FA about mining and only understand paper-shuffling.
 
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