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20.5¢ minotaur exploration ltd

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specgoldbug

13,113 Posts.

392

23/12/15

20:41

Post #: 16678282
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Originally posted by we9smia ↑

I have been a share holder since before Prominent Hill. I am an Ex WMC Geologist OD and from my perspective you want money to be put in the ground and not into Chardonnay - Thus I have provided my entitlement plus some - the value is in the company having the money to spend ( shorters and day traders turn off here). I trust management with my money ( this does not mean that they will hit economic Gold or Copper ). I hold other mining stocks - but this decision was an easy one for me, having said that I make my money on Healthcare and only use surplus to speculate. For those who have not kicked or licked rocks - one discovery every 10 years is very good and another prominent hill would see a share price closer to 3 - 5 $. If they had a bhpb budget they would tick the box every 5 years or so - they know their stuff - and Prominent Hill was difficult to find.

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Nice Post we9smia- lets face it, Oz minerals will want sooner or later a ROE, I will follow the big guy on this one with a small parcel, and forget I even spent that money, and see what happens.

MEP Price at posting: 6.2¢ Sentiment: Buy Disclosure: Held
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