MKR manuka resources ltd.

@BobbonginoWell I agree the SP is a very good entry right now...

  1. 3,102 Posts.
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    @Bobbongino
    Well I agree the SP is a very good entry right now but you won't be getting much volume without pushing back to 33c. The SP would be around 40-45c right now if we didn't have that CR, there is a bit of negative sentiment with that playing in to the price right now. But that is good for educated opportunity seekers.

    I only advise people to get into MKR if they are bullish on silver/gold price. You aren't going to be losing your wad on MKR just due to their capital and options in the future even if gold/silver stagnates around current levels but there are better investments to get into IMO if you believe silver/gold won't improve much or drop from here. I could be wrong on that if their drilling comes back a lot better than expected.

    In my mind, and many millions of minds, we are on the verge of fiat currency collapse so that is the best reason to be into silver/gold, and secondly with all the money printing going on all that funny stuff is seeking real assets/commodities and inflation is through the roof. Predicting exactly when all this will go down while the USA is still able to heavily manipulate the gold and silver markets is quite hard but it isn't a matter of IF but when. I think the collapse of the USD is a planned event that will be happening within the next 18 months, until that point expect a housing crash, food and logistical supply issues and a continual devaluation of all fiat currencies. All bullish for PMs. When the people are begging for the problems to end the new economic/political system (and currencies) will be proposed, likely backed by gold/silver at least in part. So people with enough of that will elevate their wealth class.

    I can't see the ASX "crashing" during this because there is too much funny money chasing limited shares. Gold and silver producers (and maybe even some developers) will be chased harder than others obviously. Look back to Weimar Germany and their stock market when they were experiencing hyperinflation. Can you see the "Crash" in Deutsche Marks below? You would think it is booming without knowledge about their inflation, same will happen on the western markets IMO over next years.

    https://hotcopper.com.au/data/attachments/4300/4300943-1da4011cbdbe16dddb3b3f96be552929.jpg

 
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(20min delay)
Last
4.6¢
Change
0.000(0.00%)
Mkt cap ! $38.34M
Open High Low Value Volume
4.6¢ 4.7¢ 4.6¢ $47.96K 1.041M

Buyers (Bids)

No. Vol. Price($)
2 88832 4.6¢
 

Sellers (Offers)

Price($) Vol. No.
4.7¢ 356765 7
View Market Depth
Last trade - 15.29pm 25/07/2025 (20 minute delay) ?
MKR (ASX) Chart
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