MRD (ASX) Solid (REE) rare earths recovery rates at Mt Ridley

Originally posted by Ddog157: ↑

Perahps you have been burnt from years ago...not sure, but you seem pretty bitter mate. Remember you also tipped these guys to fall to next to nothing straight after the iron ore failure. At one stage they tripled their value later this year. So that prediction didn't really eventuate. Fair go.

Proof that they may be onto a winner is the steady accumulation and holding from buyers for the last two months with basically no news coming. Otherwise, you would just sell and make a profit?? Maybe you could explain that one.

So here is my prediction mate to be fair. I think this might go well over 1c once this drill hits the dust next year. Possibly 2c. Most sensible investors will now know that it will be their last chance to snare this at record lows before a potential discovery is announced. It will either be IAC contained or not. It's that simple. If it is.....then the days of 1-2c will be a quick thing of the past.

MRD's record is well below par over the last decade, but not sure that really counts for much now that REE is the new target and a big discovery potentially looms. The whole aim of a stock is to make money for the investor whether it be short or long term.

So not really sure if things fall into place next year what you want from the company.

Expand

the .008 line to go before close IMO

Originally posted by Ddog157: ↑

Perahps you have been burnt from years ago...not sure, but you seem pretty bitter mate. Remember you also tipped these guys to fall to next to nothing straight after the iron ore failure. At one stage they tripled their value later this year. So that prediction didn't really eventuate. Fair go.

Proof that they may be onto a winner is the steady accumulation and holding from buyers for the last two months with basically no news coming. Otherwise, you would just sell and make a profit?? Maybe you could explain that one.

So here is my prediction mate to be fair. I think this might go well over 1c once this drill hits the dust next year. Possibly 2c. Most sensible investors will now know that it will be their last chance to snare this at record lows before a potential discovery is announced. It will either be IAC contained or not. It's that simple. If it is.....then the days of 1-2c will be a quick thing of the past.

MRD's record is well below par over the last decade, but not sure that really counts for much now that REE is the new target and a big discovery potentially looms. The whole aim of a stock is to make money for the investor whether it be short or long term.

So not really sure if things fall into place next year what you want from the company.

Expand

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Emerald & Azure score Digger & Dealer awards

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