It has only retraced on low volume after 3 sessions of high volume. Which is a sign of strength.
Need an ann to get things moving north of 20c. Which isn't too far away.
Might even garner some investor interest post gold symposium presentation.
Definitely recommend a listen to Stephens presentation last year.
http://www.finnewsnetwork.com.au/Company_Presentations/Manas_Resources17112011/index.html
I have no doubt the potential of Shambesai. In the video, Stephen says Macquarie and Asian Lion have visited the site and invested after doing their due diligence. Phillip Reese our CFO, was responsible for doing the scoping study and after doing it offered to build it for MSR. Very bullish. This guy handles projects for Sino gold in the past. If you go through the annual report you will find that he is having 50%+ of his salary in company options. This will be a big company some day.
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