Step wiseIs what I like to see in an exploration company that claims it will become a producer.
With MQR I am having a hard time following. The property looks good but the actions have me scratching my head.
The have drill result
The have proven ground
Then buy a mill
Are suppose to be putting power lines into a mine site
But they are doing nothing that brings all this together. The just continue to drill holes.
There should be a goal to their actions.
Drilling holes is what a company does that is looking for something not one that has already found something.
What it comes down to is money.
For us the investor money is weighed in shares outstanding. The longer they work without direction the more shares get printed and the less ours are worth.
This is shown in the share price. The shares are in the hands of the traders who are moving the price up and down 10 percent and more in one day.
If one looks at the share price as an indication of the value of the company (which it is). Is the companies value truly changing +/- 10% on a daily basis.
If MQR showed the market direction the traders would be replaced with investors.