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Murchison Minerals Ltd V.MUR

Alternate Symbol(s):  MURMF

Murchison Minerals Ltd. is an exploration company. The Company is focused on nickel-copper-cobalt exploration at the 100%-owned HPM Project in Quebec and the exploration and development of the 100%-owned Brabant Lake zinc-copper-silver project in northcentral Saskatchewan. HPM is a high-grade nickel-bearing magmatic sulphide project located in the Manicouagan Region of Quebec, Canada. Its Brabant Lake zinc-copper-silver project is located along Highway 102 approximately 175 kilometers (km) northeast of the town of La Ronge. The Brabant Lake property consists of the BMK VMS Deposit and multiple known mineralized showings. The project’s entire 627 square kilometer land package is prospective for VMS deposits, as well as gold. Its Lac Paradis Prospect is located at the south end of Lac Manicouagan, approximately 17 km north of the Manic-5 Hydroelectric Dam, and 120 km southwest of the HPM property. The Lac Paradis claims cover approximately 21.8 square kilometers of prospective geology.


TSXV:MUR - Post by User

Comment by RBCmenschon Apr 24, 2023 3:27pm
197 Views
Post# 35411012

RE:Trading.

RE:Trading.Shaft4300 as another long-standing investor in MUR I am confused by your bashing of their CEO. The company had a hugely successfully exploration program in 2022 and as you’ve previously mentioned, drilled one of the best nickel-sulphide holes, worldwide, in the last 10 years. I agree the market response to that success didn’t last long, however, when I compare MUR to its peers, all the other junior nickel explorers are having the same issue – sell on news. I consider MUR’s CEO Troy Boisjoli to be, if not the most well-regarded CEO in the junior nickel space, then certainly in the top three. Troy is a respected exploration geologist, where most of the rest are accountants, market guys, or lawyers. I’ve heard the CEO say in multiple interviews that his team isn’t just out there drilling holes for news flow but putting the geoscience in front of the spend. I prefer for a CEO to have that mentality, compared to one that will look for short term bumps by drilling “promotional” holes. And as for the pumping and dumping, look at Canadian Insider reports, management has been buying in the $0.095 to $0.11 range, with no selling. It also looks like they didn’t exercise any of their cheap $0.09 cent options when they ran up to $0.16….like some other junior nickel companies I’ve looked at recently. If you are in fact a MUR shareholder and not shorting the stock, it would probably help the company if you did some DD and not bash management.
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