Post by
arh0070 on May 14, 2020 12:41pm
mqr
Its a classic ,buy the rumor sell the news .Seems to me that the Wasamac deal provides for production without a huge cost and they retain 100% control .The alternative would be to build a new mill which would involve finding a partner (they have been looking for a while )and surrender 70-80% of the project .This seems much more affordable and sensible .Even to get a new mill built would take time because of permitting ,finding the money and then the actual build .Much more sensible this way .Anyway I bought some of the cheap shares on offer today .Expect lots of good news releases over the next few months .I have held MQR for a long time so am prepared to wait some more .