MRD 0.00% 0.1¢ mount ridley mines limited

Ann: Quarterly Activities Report and Appendix 5B, page-21

  1. 2,380 Posts.
    lightbulb Created with Sketch. 175
    I wouldn't be panicking just yet, I've comfortably snaffled another 300,000 over the last month or so at .007 and am more than happy to have done so which puts me nicely over the 3million shares mark and lowered my average price to slightly less than 1.4cents.
    I firmly believe that this is as low as they will be allowed to go at.006-.007 and that they are tremendous value at this price.
    I would be surprised if some news isn't far off as well, as every time it gets down to this mark there is always someone happy to keep chipping away and accumulating more.
    That in itself to me tells a story that those in the know haven't lost faith.
    I don't think money is an issue in the near future either, the reports available clearly indicate there is something there, they have had a number of technical issues with the complex geology and the magnetised overburden making it difficult to pinpoint any potential deposit but I'm sure they will eventually overcome those obstacles.
    They appear to have ruled out it being graphitic material, artesian water etc and the near misses are all indicative of a potential sulfides deposit. While no doubt at some point potential has to become reality I don't think we're at that point just yet.
    Remember patience is a virtue, think it's very, very, far from abandon all hope all ye who enter here just yet
 
watchlist Created with Sketch. Add MRD (ASX) to my watchlist
(20min delay)
Last
0.1¢
Change
0.000(0.00%)
Mkt cap ! $7.785M
Open High Low Value Volume
0.1¢ 0.1¢ 0.1¢ $28.89K 28.89M

Buyers (Bids)

No. Vol. Price($)
1 3293667 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 240282382 114
View Market Depth
Last trade - 15.41pm 14/06/2024 (20 minute delay) ?
Last
0.1¢
  Change
0.000 ( 0.00 %)
Open High Low Volume
0.1¢ 0.1¢ 0.1¢ 3871600
Last updated 15.42pm 14/06/2024 ?
MRD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.