Australian (ASX) Stock Market Forum

Popping Festering Cankers

Jump to new
Meanwhile, I'm considering pumping some more cash into DEG at the end of the week. It's been a hell of a pullback.
 
MRQ
This one fits the FC part.
Not sure if the popping will occur, but it's certainly doing something.
 

Attachments

  • Screenshot_20200928-114551.png
    Screenshot_20200928-114551.png
    142.7 KB · Views: 4
over9k said:
Drilling results on the 21st.
Click to expand...
More about MRQ.
The ticker is confusing when looking at the company name...
From announcement on the 21st.

"MRG Metals Chairman, Mr Andrew Van Der Zwan said:
“The results being presented so far from our initial aircore drilling program at the Corridor South Program continue to excite the team with 2 of the 14 holes at the Nhacutse Target having intersected grades that suggest Strandline style mineralisation exists in the area.

This is fantastic news for the Company as these very high estimated THM grades confirm the discovery of a zone of Strandline style heavy mineral sand mineralisation that is open to
lateral extension and also from surface to 30 metres.

The results also demonstrated great progress with our exploration strategy, to discover potentially
higher value per ton heavy mineral sand. Our identification here of coincident zones of high grade,
together with high valuable heavy mineral (VHM) content are extremely encouraging.
Further aircore drilling will certainly be required as this great story unfolds.
We will announce an
expanded program in the coming days, designed to follow up and expand the size of the high grade
Strandline mineralization at Nhacutse-Bungane and to better understand the continuity and potential footprint of areas in East Nhacutse where high value ilmenite assemblage coincides with visually
estimated high THM grade.

We will also be undertaking first aircore drill testing across our southern targets. This expanded drilling program will be funded from our recent capital raise.
 
Last edited:
I pulled capital (and profit) off TSO and partially put into MRQ.
Am constantly looking for trending momentum... hopefully it's cracking into $0.012 shortly
 
So MRQ, after trading through the centre point (0.0115) for the last couple of hours, it has hit $0.012 with volume.
Currently trading at $0.0125 (again at centre point.)

Screenshot_20200928-144604.png
 
Barcodes have to be risky though :p

I think myself, aus_trader & frugal.rock are the three resident penny-stock trading madmen.

mrq's bounced on drilling results (obviously)
 
over9k said:
Barcodes have to be risky though :p

mrq's bounced on drilling results (obviously)
Click to expand...
frugal.rock said:
The risk involved in attempting to trade these is of an extreme nature, IMO and if you do trade these, expect the market to take your mone
Click to expand...
Not for the faint hearted for sure....
One definitely needs to understand risk levels when at this end of town.
Slap downs are inevitable.
 
frugal.rock said:
Would you believe, also jumped back on to WEL this morning...
Click to expand...

Lol ... You is on fire Bro .... You will need da hose to extinguish da flames at dis rate!

You is one crazy MF ... ( Male Frugal .... this is a clean site folks!)

ps How good is our Old mate Smilie @frugal.rock .... My favorite lol:wheniwasaboy:

pps You realise if you become a millionaire by 35 ... it is definitely your shout!
 
barney said:
ps How good is our Old mate Smilie @frugal.rock .... My favorite lol:wheniwasaboy:

pps You realise if you become a millionaire by 35 ... it is definitely your shout!
Click to expand...
Ye olde bar steward :wheniwasaboy: :wheniwasaboy::wheniwasaboy:

millionaire by 35 ? that boat has long sailed with me in dry dock...
Aiming for 50 if I don't start kicking buckets first... now, if I can compound increase the portfolios 50% every 3 months.... hmmm.

:wheniwasaboy:
 
frugal.rock said:
Ye olde bar steward :wheniwasaboy: :wheniwasaboy::wheniwasaboy: millionaire by 35 ? that boat has long sailed with me in dry dock... Aiming for 50 if I don't start kicking buckets first... now, if I can compound increase the portfolios 50% every 3 months.... hmmm.
Click to expand...

Lol ... It was just a cunning plan for me to reveal your age ... Young millionaires are often treated contemptuously;)

Now everyone knows you are just youngish, with a tinge of middle age, you will be treated far more respectfullyo_O:cool:

You are picking Stocks like a madman Froogs so well done!

May the force be with you:blackalien::droid::stig: .... :wheniwasaboy: ...... (The Old Fella (me) wanted to be included in the action)
 
frugal.rock said:
millionaire by 35 ?...
Aiming for 50 if I don't start kicking buckets first... now, if I can compound increase the portfolios 50% every 3 months.... hmmm.
Click to expand...
Hoping you're closer to 50, .... Only in that with those returns if maintained, you'll clean out the universe before, actuarially speaking, the intersection with Bucket #1
 
over9k said:
Barcodes have to be risky though :p

I think myself, aus_trader & frugal.rock are the three resident penny-stock trading madmen.

mrq's bounced on drilling results (obviously)
Click to expand...
You forgot our other resident, @barney. Yes the funny, witty barnzy who has replied back to know he's still in the thick of the action :woot:

I tend to go for the slightly higher end of town with small caps and mid caps and the occasional big cap when it comes to trading :joyful:

With micro caps it's usually buy and hold, so the prospect has to be good enough for me to put down a small stake and hope for a multi bag. I don't know how these guys move in and out of them so quickly :wheniwasaboy:
 
over9k said:
I think myself, aus_trader & frugal.rock are the three resident penny-stock trading madmen.
Click to expand...
aus_trader said:
You forgot our other resident, @barney. Yes the funny, witty barnzy
Click to expand...
Don't forget @peter2 and @Cam019
who have started speccie portfolio threads who are far from madmen... ( those guys are really good at what they do, being systems.)
 
Last edited:
Top