MMX 0.00% 4.7¢ murchison metals ltd

joker1

  1. dhu
    510 Posts.
    sorry 4 not responding earlier been busy work n new house.....

    MMX weakness a accumulate but expect some further weakness short term.....long term buy MGX better though:)

    just a few things to consider if i recall right MMX allocated $40 mil for road works but they did it on the cheap for approx $18 million -Central Earth Moving which told them that what director /company wanted wouldnt hold up .....a few mths into haulage road ....ro.ted !!!!!!!!!!!
    crusher problems due too dust
    iron ore poor quality -deeper though ore will be better grade ....
    delays -shipping
    Stage 2 -likely too be delayed

    Directors in the money shares options n others escrow April 07....
    Share placement before long is to be expected ........

    No ann in regards to damage to MMX roads expect huge cost too fix n truck problem/driver issues ....but when the bad news hits will be a good buying op:)
 
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