Sheeesh...what happened to poor old MXR today. It had put in 2 nice days of green and today took quite a hammering? Any reason why>
Any idea what potential future announcements are due within the next 4 to 6 weeks?
Anything that DOESN'T involve gold? Hopefully they'll release further details on those magnetic surveys and find a monstrous amount of Vanadium....
Obviously the market isn't very excited at this point in time with BIH given the rather lack luster performance today.
Alleged word on HC is that an announcement is due this week in regards to their drilling.
I'll believe it when I see it however!!
d_crome I'd say that by far what we're all waiting for is the tonnage estimates at Narndee
They have the potential to really get MXR back on track and re-rate the company, otherwise I imagine the stock will range from 13c (NTA) to say 17c, either way Sellhiem production should shake the shackles off one hopes
Hey guys,
Also Herbert I remember reading and listening to Mr Kev's Fe targets, kinda reminds me of FDL where he came out of nowhere with a monster target, but for now I think little to no upside value is or should be factored in to MXR until we have some more work on the tennements
I think alot on here underestimate the value of Vanadium
He he he he its good being right,
All I can say is I knew it I knew it I knew it, gald I'm holding over 1M at 14c avg
a tonnage to approximately 400 metres depth of between 1.7 and 3.0 billion tonnes of magnetite–bearing gabbro containing an average 20 to 35% magnetite is predicted to contain the “Excess Mass”. This magnetite-bearing gabbro can also be described as an “Excess Mass” of vanadium-rich magnetite iron ore.
Hey Benwex, yeah I have as I was buying up so many around 13.5c-14c
It was a no brainer for me as the NTA was around 13c, I mean at 13.5c I kinda new that my max downside was 13c, but the upside given the plethora of ann's due was unlimited really
Also having been on FDL I knew what Big Kev was capable of in terms of ann's and also being on MDX told me what I oculd expect
I have taken a few off the table around 25c as I was holding waaayyy too many
Don't get me wrong, this is still spec and its only a target, but boy oh boy what a target
He he he he its good being right,
All I can say is I knew it I knew it I knew it, gald I'm holding over 1M at 14c avg
a tonnage to approximately 400 metres depth of between 1.7 and 3.0 billion tonnes of magnetite–bearing gabbro containing an average 20 to 35% magnetite is predicted to contain the “Excess Mass”. This magnetite-bearing gabbro can also be described as an “Excess Mass” of vanadium-rich magnetite iron ore.
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