At first I was pissed that the company went for mineral sands ,but well informed posters on the MRQ threads got me looking more closely.
The large buys at 1.1 cents and the huge buying of MRQOB options made me also realise that there are some serious players interested in this project.
I decided to take the chance and buy all the stock I want now rather than wait for due diligence ,this will mean no averaging up for me that will result in a much larger holding.
If due diligence shows this to be potentially a huge resource ,there will be no chance of me selling in the early stages.
I personally think that the MRQOB options are over priced ,but then I think it must be because the fully paid shares are way under priced or these option buyers are very confident for the long term future.
MRQ
Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
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