AUL 0.00% 28.5¢ austar gold limited

80 cents by december...., page-75

  1. 7,387 Posts.
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    hard man,
    "MNM is a gem of a prospect, that holding this one for the ride is absolutely the right play."

    Please do not misrepresent me and others.

    For the record.
    I do not know what MNM's other interests are but in relation to drying brown coal, but my view of the brown coal technology is that it has < 1% chance of ever going commercial. Some may make or lose trading MNM but no one will make money on MNM dividends.

    Why you may ask?
    Too complicated with big drill holes to 800m, too costly. Does not dry sufficiently well except with a very expensive treatment. Leaves dirty water that is unlikely to be commercially useful, in fact an environmental problem.
    It does not seem to have the hard money commitments from the so called big brands. Vertigo et al could not produce the evidence. Only statements of the up to $20m etc can be found. Window dressing stuff for a pump and dump.

    I only marvel at the story plotting and the trading.
    I fear for some when the time for real results comes.

 
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