MMX 0.00% 4.7¢ murchison metals ltd

Mat, there is no win situation. silence feeds uncertainty. they...

  1. 1,257 Posts.
    Mat, there is no win situation. silence feeds uncertainty. they can't say something because there is nothing to say yet and hence it would be adding more uncertainty.
    valuations? $2 is as valid as 75c...these numbers don't say anything until the market gives the tick...the reality is that the only thing you know for "sure" is how much the company assets are valuated for (50c/share at the moment). beyond that is all your perception about the company. for you is $2, for me is 65c for someone else is 40c. who's right? well, the price at the moment is 69c so today I'm right. On Monday a white knife comes in a white horse and price goes to $2 then you are right then. The thing here is try to be realistic and practical and the reading of the reality, at least my reading, doesn't seem to be positive
 
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