BRO broad investments limited

mtn all over again

  1. 1,118 Posts.
    Sylvan and his BRO negativity reminds me very much of dangerousdave and his relentless bagging/downramping/ridiculing of MTN and it's Mt Gee tenement.

    I realise one is a Telco and the other is a U explorer... but I have seen Sylvans type before.

    dangerousdave was ADAMANT that MTN would never, ever mine Mt Gee, and that the deposit was worthless. MTN on the other hand promoted the potential of the deposit and had the tenements and drill results to back it up.
    All this regardless of the increasing U price and global attitude shift to U power... not to mention the increasing use of U power around the world.

    Sylvan is ADAMANT that BRO are worthless and backed by a crook.
    The broker presentation certainly points out the potential of their licenses... just some time is required to progress the mkt position and prove it up.

    Want to know what happened to MTN... well, almost a year after revealing their Mt Gee resource, Crosby Capital (a Hong Kong based equity firm backed by the Chinese) made a hostile takeover bid for MTN, the Mt Gee resource being the prize asset.

    Lesson: BRO have some fantastic technology rights in the Glovebox and MTX areas. The uptake of these technologies is growing phenomenally (50% pa from memory), and it is a matter of time before this is reflected in the shareprice.

    That is all assuming that Crosby Capital don't make a hostile take over bid in a few months!
 
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