MMX 0.00% 4.7¢ murchison metals ltd

News: Murchison reportedly hunting assets , page-8

  1. 54 Posts.
    Frack.

    I guess there are not many "mums and dads" shareholders left. Their brokers would have encouraged them to sell into something else.

    The consultant Shaun Duffy is in USA this week and I just phoned the office and it is still on night switch. Perhaps the staff are absent?

    As a founding shareholder I have elected to hold my position as they have a sizeable cash nest egg. A timely acquisition or take over could be in the best interests of many shareholders so long as it adds value to the company. Interestingly the current SP reflects the cash value only with the Oaklea asset just sitting there. Yes, by itself it is not worthwhile to develop but perhaps someone would be interested to add to their tenements.

    Perhaps that "miracle" might still happen and the few of us still left may benefit.

 
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