-Recently raised cash for drilling in a prospective regions -It has high profile investors such as Tolga on board who has a successful track record of getting on winners. See BGL as a recent Example -Drilling catalyst due soon -Hot gold sector with nearology play
What makes this stonk interesting is that there is a possibiliy that a near by processing plant could be used, which doesnt belong to MXR. This gives a possible option for a deal like a JV and avoids expensive capital raising that would otherwise be required to get to production.
@phillipdionysiou95, there are no targets. It has a cheap market cap, can easily double. If it hits gold, anyone's guess. IMO could test new high.
phillipdionysiou95
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@NaviCoin, what’s your view in the end of financial year audit
Bipolar_trader
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@phillipdionysiou95, Its a speculative stonk, therefore what is more relevant is, do they have cash to continue operations without a credit raise? and Drilling & Assay Results