Macpherson's Reward (MRP)

Discussion in 'Stocks & Derivatives' started by SilverSanchez, Apr 17, 2012.

  1. SilverSanchez

    SilverSanchez Active Member

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    Trial Mining has begun for Boorara

    30,000 tonnes for 1700 au ounces via a CIL processing flow

    It will give real world evidence for the economic viability.
    These guys have good land, and lots of it.
     
  2. goldenspike

    goldenspike Member

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    The 5 year price chart on MRP looks pretty ordinary, like many other micro stocks (penny dreadfuls). Was at 40c at one point, now under 10c. That's a 75% loss. Unless there's something changing significantly the "trend is your friend" analysis suggests its headed one way and needs a major change/find/announcement to reverse its longterm 5 year trend.

    [​IMG]
     
  3. scrooged

    scrooged New Member

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    haha. loose.
     
  4. SilverSanchez

    SilverSanchez Active Member

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