MMX 0.00% 4.7¢ murchison metals ltd

greatest potential stock

  1. 62 Posts.
    MMX has to be the best bet for a rapid price increase over the coming months.

    Not only is it in iron ore, but it has a clean operation (just trucking to port) as well as a major iron buyer now as a shareholder. Also Michell Logistics buying more semi's to truck the product.

    Michell is half owned by AMP, and they dont invest lightly.

    POCSO have been doing their numbers on this company for about 8 months prior to investing.

    Coming months will be the official mining licence announcement plus start of production.

    I have word that some brokers etc associated with the company have already been to London a few weeks ago, so the AIM listing could be very near. Also hear that there is some major interest coming out of the US.

    Road show to local majors is going to start soon with management aware of the need to tell the story to the whole of Australia not just WA investors.

    Stock could be 80c - $1 by January.

    My best bet for a good christmas


 
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Currently unlisted public company.

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