Hi Dabru, That was the e-mail he sent me. Overall we can come to the following conculsions. IMHO.
1) In terms of comparison, MZM is in a bad but not hopeless shape. There are a bunch of mining companies worst off than us. I thik MZM is pretty much average as a mining junior.
2) There will be a placement soon. I hope its after the next drill because looks like we will not get anything near $0.15 now.
3) Buyers are not in confidence mood yet and the auvex IPO is very important to MZM future progress. Sellers on the other hand are starting to panic an a few is crystalizing the loss for end of tax year.
4) I think MZM will one way or the other get rid of the copper at east pilbara since its core activity is now gold in peak hill. Perhaps something like auvex deal.
MZM Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
