MRP 0.00% 6.1¢ macphersons resources limited

Ann: Boorara Drilling Update, page-6

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 297 Posts.
    lightbulb Created with Sketch. 19
    That's a nice poem there you shared, pgrace.

    I think generally MRP's share price will ebb and flow with the miners indices (think HUI, XAU, GDX etc.), and will generally correlate with how the gold/silver price is doing.

    But with MRP I think we have a slight edge in that we have location, history, and sound management on our side. There's more to come with the drilling too.

    If it's any consolation, I was in the same boat as you 3 years ago when I lost my shirt in CCU (Silver Miner based in Cobar). What an experience that was!

    Key learning for me from CCU's demise is to observe what the management do rather than what they say, whether the management can adapt to changing circumstances, and whether management is careful with its feasibility studies (CCU rushed into production. I thought it was a good thing then, but...).

    MRP has so far ticked all these boxes for me.

    My plan is just to hold and let the Boorara drilling run its course to see how big this will be.

    Good luck to all fellow travelers on the MRP road
 
watchlist Created with Sketch. Add MRP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.