OK - I just averaged down from 45 cents to 25 cents , by buying $500 worth at 6.6 cents , so far so good . the whole thing owes me 3K now . I don't know if anyone disagrees with me but these guys shouldn't be running a tier one Tim mine . They also have a I believe tier one Lateritic Nickel deposit at an advanced stage that might soon become economics to develop . Nifty is a large deposit in Class one mining province of Paterson , RIO would be interested in securing that ground - along with many second & third tierers. As a shell MLX was stuffed the day they bought Nifty . The logical thing to do with MLX is to break it up - how that is to be achieved in the problem from here . as the Japanese Joint Venture partner ta Renison , I would take MLX to court before ite .
MLX Price at posting:
6.7¢ Sentiment: Hold Disclosure: Held
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