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I've already forgiven them for the iron ore miss. That was...

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Prospector99

934 Posts.

32

01/09/21

18:20

Post #: 55758992
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Originally posted by Ddog157: ↑

Not disputing the resource assays for a second Ace. If proven to be financially feasible, then they could easily be world class. However, the trust of the shareholders will need to be restored and can take time. My feeling is they will need to produce a series of positive announcements and proof before huge dollars are thrown at them again. Some shareholders aren't as forgiving.

No need to convince me about their potential as i have been gladly topping up. Remember, these guys dropped their tools half way through an iron ore project to chase Rare Earths. Make of that what you like....but if they had found the iron ore, we may not even be talking about this project currently.

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I've already forgiven them for the iron ore miss. That was as good a chance as any to most observers I spoke to and the reality is you're not always going to find that world class deposit, no matter how good it looks on paper.

Personally, I'd much rather a company at this level keep busy and keep taking risks like that, even if they fail.

MRD Price at posting: 0.4¢ Sentiment: Buy Disclosure: Held
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