MXR 5.13% 4.1¢ maximus resources limited

Keep posting Craig, all good with me. It just that you seem to...

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  1. 4,197 Posts.
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    Keep posting Craig, all good with me. It just that you seem to be an overly negative and resentful person in what you post? Personally, I like to think of myself as a positive person that understands the reality of micro cap mining stocks. The reality being that most stocks at this end of the market fail and never get into production let alone discovery anything near commercially viable. It has been a long run for MXR and I agree that patience has been needed but part from the odd company that makes a spectacular discovery this is often part of investing in these stocks.

    MXR have spent their time largely focused on exploring and if we had of discovered the next El Dorado everyone would be cheering on management but unfortunately this didnt happen, although good progress has been made. Hindsight is 20:20 and it is easy from our armchairs to say shoulda, coulda, woulda.....etc. The focus has definitely changed and it is towards getting into production, which I think is great and I am positive about. Even you could admit that the focus has changed.

    They are moving towards production as we all want. We still have the discovery upside in WD offset too. I think that MXR's day in the sun is coming soon and we can start to see some real improvement in the SP. Yes, patience has been required and things can always be done better with the benefit of hindsight but we are considerably undervalued for the ounces we have so close to infrastructure and with confirmation of the specific path to production we should start to see returns for long suffering shareholders. Cheers
 
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Last
4.1¢
Change
0.002(5.13%)
Mkt cap ! $17.54M
Open High Low Value Volume
4.1¢ 4.1¢ 4.1¢ $252 6.141K

Buyers (Bids)

No. Vol. Price($)
1 194438 3.9¢
 

Sellers (Offers)

Price($) Vol. No.
4.0¢ 57322 1
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Last trade - 10.04am 08/11/2024 (20 minute delay) ?
MXR (ASX) Chart
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