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Murchison Minerals Ltd V.MUR

Alternate Symbol(s):  MURMF

Murchison Minerals Ltd. is a Canadian exploration company. The Company is focused on the development of the 100%-owned Brabant-McKenzie VMS copper-zinc-silver-lead-gold deposit (the Deposit) located on the Brabant McKenzie project (BMK) in north-central Saskatchewan. Additionally, the Company also explores for nickel-copper-cobalt at the 100%-owned Haut-Plateau Manicouagan (HPM) project in Quebec. The Brabant Lake property is 100% owned by the Company is strategically located along Highway 102 approximately 175 kilometers (km) northeast of the town of La Ronge. The project’s entire 664 square kilometer land package is prospective for VMS deposits, as well as gold. The Company holds a 100% interest in certain claims forming the HPM property in Quebec. The HPM project’s entire 951 square kilometers land package is highly prospective to host nickel-copper-cobalt mineralization, particularly at Barre de Fer (BDF) and Syrah.


TSXV:MUR - Post by User

Comment by RBCmenschon Apr 24, 2023 3:27pm
242 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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