MacPhersons Resources Ltd (MRP) is a Western Australian resource company with its focus on the advanced gold project at Boorara and the nearby Nimbus silver/zinc project is now under review for further metallurgical test work. The companys main assets are located some 10 kilometres (km) due east of Kalgoorlie and are contained in 205 square kilometres of continuous tenements covering 20 km strike north and south of the Boorara Gold Project.
The weekly chart suggests price action has completed stage 1 & looks to have retraced to fair value support. With good fundamental news is likely to test last year's high IMO.