Post by
hankman on May 18, 2023 11:21am
So after that positive MRE why is the stock down again today
So after that positive MRE, why is the stock down again today??
Comment by
grossmrkup on May 18, 2023 11:38am
Well it's positive but I think priced in. The resource didn't change much in size. Just moved into M&I which we all knew it would.
Comment by
Richiechile on May 18, 2023 11:58am
60ktpa of low cost copper cathode for 15 years in a tier 1 location in a tier 1 country has got to be worth at least $10/share. Great news on the MRE.
Comment by
Seahawks16 on May 19, 2023 9:05am
37mt of inferred is substantial and can't be ignored either and lets not assume there isn't any sulphide under the MOD. I also believe $4lbs isn't a fair benchmark for the next 15 years In my opinion Marimaca would be much better off taking this thing to production than selling for $10/share