MMC 9.44% 98.5¢ mitre mining corporation limited

potential downtrend reversal chart break, page-18

  1. 22,120 Posts.
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    Like I said pure technicals for MMC

    As for chink's in the armour one could argue MNC had more hence the bigger fall

    But fundamentals the only similarities is
    Both large low grade Copper JORCs requiring large Cap Ex
    Both big falls from grace with big downtrends
    Both have broken their downtrends to the upside

    Thats about it

    Decided to buy some more at 3.1c

    Here is the MMC chart compared to MNC





 
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