MLX 5.81% 40.5¢ metals x limited

some bodys accumulating at 24 cents, page-7

  1. 204 Posts.
    Thanks for the posts, good constructive stuff. I certainly hope you guys are right and I'm wrong. However the infrastructure problems are significant (transport, water etc) and the cost would be, from what I've read, upwards of $1bn. Costs are very high and there is a labour shortage which will persist for years.

    I purchased the stock when the Southern Cross Report came out on the basis that listening to Charlie Aitken has made me plenty of money. I think the SP has been low because of the general market conditions and will pick as the market does and the tin kicks in.

    I am cautiously confident I can at least double my investment based on the tin over the relatively short term. However I want to talk to someone in the company before I decide to hang in longer for the nickel which will result in big, big bucks coming my (our) way if these guys are dinkum miners.

 
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