E25 4.55% 23.0¢ element 25 limited

Ann: Grant of Extension of Term for Mt Padbury , page-5

  1. 83 Posts.
    re: Ann: Grant of Extension of Term for Mt Pa... Yo man. Leave me out of this. Still glad to have pull out at $0.125. A few pointers you guys just dont understand... money dries up in mining company as time passes, if this crisis is not over, that $2M will eventually use up. My best bet is within 2 years. But of course its a long way to go. As the report states, MZM has not hit any ore yet. In other words, i a pure explorer minig company. Just like digging back yard hoping to find a piece of nugget. And now with its non-core asset being sold, its doesnt have much asset left. In short term, it will hold but medium term if the crisis dont recover, it wont be good. There are plenty of cash generating company that is a real bargain a.t.m. Why waste money on this unknown? Unless you are a miner who knows what is under the ground. No ore yet the last time i read the MZM report. Good luck to holders.
 
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23.5¢ 23.5¢ 23.0¢ $34.76K 150.7K

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1 2303 23.0¢
 

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23.5¢ 22124 1
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