I don't think anyone likes seeing the SP at current levels unless you are trying to build a position. I have a lot of these, would be top 20, and Im underwater but that is the nature of exploration stocks. It would be great if every time I built a position it re rates to the upside however that just isn't realistic. The fact is there is a good chance (for exploration stocks) of a significant discovery here imo and I believe management are doing a good job of trying to achieve that. There is no significant negative to account for the current SP so it really becomes a matter of patience. We have the ground and now it is up to the team and ultimately the drill to be the catalyst for a re rate of value. Let's see how it plays out over the following months.
MXR Price at posting:
6.4¢ Sentiment: Buy Disclosure: Held
