Post by
cammac46 on Mar 19, 2022 10:02am
Bidding War maybe
Two of Austrakia's biggest Miners have approximately $15 Billion each in their Baggy Pockets not doing anything useful. A third, Mineral Resources is running low on Iron Ore at their old Cliffs mine not too far from Lake Giles, All 3 should be "Very Interested" in getting their mitts on this Project which remains only Partially Proven "Reserves"...lots more drilling ro do before the rest is called "Reserves"...simply inferred or whatever for now, My opinion is that all 3 of them...and maybe more should have their golden pencils out as we speak figuring out how much MMS/MIO is worth long term to them, I smell a "Bidding War" , one that will have the winner smiling and Shareholders here smiling as well. If they don't try to get it...it begs the question, how did they ever get $15 Billion in their pockets in the first place. This had Bidding War written all over it.
GLTA...cam
Comment by
bigstar10 on Mar 20, 2022 10:12am
Yep, you hit the nail on the head,,,,it's time for all the patient loyal long term holders to be rewarded,,,but don't sell, should be buying at open to get the potential bidding warriors excited before market cap gets higher & higher!!!!