MMX 0.00% 4.7¢ murchison metals ltd

what next, page-44

  1. cpg
    3,625 Posts.
    Gral

    I agree. CHM wont win. But there is a slim chance.

    Insurance thats all I'm talking about.

    Lets do some maths.

    I buy 1 million CHM shares at .025 cent = 25000

    I own 100000 MMX shares at say 4.00 a share = 400000

    If CHM case is thrown out or lost in court do you think MMX will raise on the day by 6 %. I do.

    I lose 25000 and make a whole lot more on MMX. All the while sleeping soundly.


    Now the CHM postive case.

    If CHM win totally and get say 400 million ish ( I dont know the exact value of Jack hills )

    The share price will go to somewhere near 30 cents plus. Please dont quote me they could go higher or lower. You get the idea.

    Thats $300000 to me a small outlay covering my massive MMX losses.


    Now the second option

    Settlement. MMX go up and CHM go up. I win both ways.

    Tell me how I lose here.
 
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