MRP 0.00% 6.1¢ macphersons resources limited

That's a nice poem there you shared, pgrace. I think generally...

  1. 297 Posts.
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    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
 
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