MKR manuka resources ltd.

Yeah look if you know all the details on DCN and it is as you...

  1. 3,102 Posts.
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    Yeah look if you know all the details on DCN and it is as you say it sounds alright outside of the "current going ons" with the board and whatnot. I would have to look over all their ground and other details before forming any kind of opinion. There's nothing worse than a mining company that has no ground to mine

    I prefer silver miners because unlike gold it is being used constantly in industry and therefore has a more solid fundamental behind it, especially if you think production peaked in ~2015 and a lot of the old silver has been recycled. It is mined at a 1:8 ratio with gold but right now ~75% of that is used/wasted in industry, so the investment silver is probably very close to gold, or at worst double it in total tonnes. When 20% of the silver supply is coming from past silver that has already been mined you cannot go on long like this, and so far it has it has been 25+ years of this. At some point the physical shortages will become apparent, it is only a matter of when. If you're in anything touching silver at that point you will be doing well for yourself.

    I think MKR is the best silver stock on the ASX for the reason that they are actually mining, and won't be tied up with any issues regarding the upcoming global depression as they have pretty much all they need right now to keep going. Developers? Good luck with China pulling out and the economic issues. But if the "when" takes too long then maybe there will be issues with MKR in the mean while, maybe a repeat of the company they bought out. But you need to get knee deep in risk if you want to make it big and given all that is happening with the global economy, the upcoming reset, etc, you need to be gambling with everything you can risk IMO. The AUD will be $0 soon enough and maybe they'll convert it to the next currency, maybe not. No doubt there will be haircuts for anyone left holding the bags. I've positioned most of my wealth into hard assets so whether MKR 20 bags or ends up bankrupt doesn't really impact me much. You need to have that kind of mentality if you want to position yourself ahead of most people to thrive in the upcoming environment.

    I gel well with most PM people and wish everyone here the best when it comes to the future, we are likely going to need all the luck we can muster.
 
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(20min delay)
Last
4.0¢
Change
-0.002(4.76%)
Mkt cap ! $33.34M
Open High Low Value Volume
4.3¢ 4.3¢ 4.0¢ $83.43K 2.003M

Buyers (Bids)

No. Vol. Price($)
1 216 4.0¢
 

Sellers (Offers)

Price($) Vol. No.
4.1¢ 39390 2
View Market Depth
Last trade - 15.55pm 25/06/2025 (20 minute delay) ?
MKR (ASX) Chart
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