MRP 0.00% 6.1¢ macphersons resources limited

can't get too excited, page-2

  1. 1,137 Posts.
    Always find it interesting when people who hold no stock post.

    Just to clarify a few points. The proce of silver in 2007 bounced around between $12 to $14 per ounce, going a bit higher and a bit lower, but mostly in that price range.

    The cost of producing for mrp has been signalled at approximately $10 ounce.

    They still have $8m + and based on outlays, there is no suggestion of a cr at this stage.

    They go into production within 12 months and we all know what happens when juniors go into production.

    Sorry, but i dont share your gloom, but then again i hold stock and my interest is in the price going up..

 
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