MAN 3.45% 3.0¢ mandrake resources limited

Ann: Acquisition of HighGrade Copper Exploration Project in Chile, page-120

  1. 11,007 Posts.
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    Nothing new here, csfoo. A company I boubt shares in several years ago made an acquisition on tenements which has high grades gold on historical datas. The vendor took the trouble to buy up tenements around the region and consolidated them into a single area so that it is now a single one viable for exploration.
    There were suggestions of fraud and all types of false insinuations from different posters. Motives of these people were unknown. To cut the story short, this company's share price went from 5c to 90c subsequently. I feel this may also be happening at MAN as there are similar doubts on the genuineness of the acquisition of Delfin which has Fabulous historical datas. I am optimistic that the share price will be rerated in the long run.
 
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