I like MLX-I bought more today. Over the next 3 months the new producing gold mine coupled with the additional ore 100 klms away will bring a massive increase in positve cash flow to the bottom line. Over $70 million in cash- no debt- 2 gold mines producing approx 38,000 ozs a qtr-Tin with positive cash flow- Enormous nickel holding with Samsung footing the bill (30% nett for MLX). When RDR bought the gold mine for $35 million it was a steal- then MLX bought it for a song -I think this mine produced over 20,000 ozs Dec 2013. So by buying the RDR mine a mth ago, for approx 10 Million, MlX added approx $100 million in assets for $10 million and thats not counting the 3.5 million of gold in the ground. I tell you I like it. Dont hold me to exact figures- check them yourself .
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Last
43.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $385.5M |
Open | High | Low | Value | Volume |
43.5¢ | 44.0¢ | 42.5¢ | $608.8K | 1.409M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4434 | 47.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
41.5¢ | 494 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
21 | 88395 | 0.435 |
6 | 62432 | 0.430 |
10 | 186992 | 0.425 |
6 | 63070 | 0.420 |
7 | 91113 | 0.415 |
Price($) | Vol. | No. |
---|---|---|
0.440 | 100890 | 9 |
0.445 | 88097 | 6 |
0.450 | 242872 | 10 |
0.455 | 228250 | 5 |
0.460 | 197452 | 7 |
Last trade - 15.59pm 09/10/2024 (20 minute delay) ? |
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