We are all big boys and girls here, no need to save everyone from themselves. People need to do their own research and own their decisions about buying and selling.
Imo this significantly undervalued, so I own the stock. It isn’t all smoke and mirrors but hey if that is what you think then sell out or by your disclosure you have already sold out.
In regards to there being another Mt Marion at Lefroy? who really knows? but that is why MXR is exploring. If we find one then we won’t have a $10 mill MC that is for sure. It is a great risk reward play…..and then there is the gold and nickel. Lefroy is on trend from Mt Marion, has a large number of pegmatites and has Spodumene. In my summation that gives us a reasonable chance of making a commercial discovery. It seems KOMIR and by extension LG agree, hence the $4.8 mill for 30%.
I think it is great that this undervalued gem is starting to get some recognition and rightfully so. It is also great to see some new positive shareholders taking a position, I hope they do well out of MXR. As I said it is a good risk reward scenario imo as we have a very low MC for our gold, lithium partnership and upside potential. GLTA.
MXR Price at posting:
4.4¢ Sentiment: Buy Disclosure: Held
