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Msr
anyone following MSR (ASX) manas rescources who could comment on where they see them going.
Cheers
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Check the "Trades - Make the call" Thread in the ASX section
http://www.sharetrader.co.nz/showthr...t=6787&page=33
Last edited by DTB; 20-08-2009 at 03:40 PM.
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Nice ann. yesterday, share price reacted nicely with strong follow-through today. Worth a read.
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Investor Presentation today. Very good graphics showing how much is going on this year. They have $11M cash and 8 drillrigs turning many shallow holes so expect good news flow here.
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Bonanza gold drilling results today, see ann. 33.7m @ 10.74g/t is a very respectable intercept and there are other results too. Another nearly 5,000 of drilling results still to come from this current drilling round.
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It died down as the day go on. Let's hope MacBank helps the SP to higher heights as their 20 cents options expired in Sept 2011.
The drilling result wasn't that bad.
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Well, I will hold these until we get the mining license and more. Out of favour with the market for sure, but the project has grown with the good drilling results and there is much potential that will surely be realized within the next two years.
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MSR certainly got a lift near the option expiry date Denpal but geez whiz, they have died since then.
Enjoyed the lift from 19 to 26 but as the saying goes - easy come, easy go, sold at the bottom at 15.5, after getting a few at 19 cents.
Seems to be a big CAPEX/difficulties factor in developing a gold mine in remote Central Asia
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