MIN 7.20% $34.95 mineral resources limited

@colgm I think you have missed the point as have your followers....

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  1. 10,136 Posts.
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    @colgm
    I think you have missed the point as have your followers.

    A smart cheap deal was done by CE with POS selling its LJ project and large working MILL for $15M.
    CE is not copping any cheap shots but on the contrary has been lauded and revered for this great acquisition & thereby also avenged his shafting by AF in the AGO bid he lost from which Gina made $20,000M instead of MINRES & AF.

    MINRES has gone from $1 to $70 so a fortune has been made by the LTHs here
    AF lost $1,200M on Noront & MCR
    IGO lost $1,200 on WSA
    BHP lost $9,000M on OZL
    MINRES has increased its MCap by $1,000B since the POS deal was announced

    MINRES has $1,400M cash and a large team that can bring LJ mill and project online FAST & CHEAPLY

    The point you have missed is no one is dissing CE for this nor MINRES who have made a financial windfall from this deal, we are saying that POS is OWED and POS has more great assets that the market values at peanuts & MINRES will pay POS royalties and these will escalate over time.

    This is how business is done here in the west.
    MINRES will pay the pied piper for this LJ financial windfall one way or another.
    You think you won the lotto, but the QUID PRO QUO is going to be returned imho.

    RUN MINRES RUN,
    RUN like you STOLE IT!
 
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