Its interesting to note John's research chart in this post: http://www.hotcopper.com.au/post_single.asp?fid=1&tid=1428831&msgid=8102075
Compare that with MRX and you do see some clear value in the stock imo just in relation to its gold.
MXR 300.43m shares SP .017 MC $5m Cash 1.2m EV 3.8m Ounces 237,000 at 12.3g/t.
I think that compares well and include in that other land holdings and JV's and an investment in ERO.
Am I missing something?
value??
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Last
3.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.26M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17500 | 2.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.1¢ | 55111 | 1 |
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| MXR (ASX) Chart |
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