aim accumulation whos watching, page-7

Interesting chart pattern starting to emerge that was typical of the stock in the days when it moved in the RIGHT direction.

Nice 1-2c moves up on volume with slight retraces over a few subsequent days.

But yes,one does wonder what the motivation is to the buying as it appears almost definitely to have some kind of intent behind it.

There is a veritable plethora of news pent up in this company and I for one think that it may all be released to gradually move the sp up for any further issues/listings post any major investors getting set at what can only be described as a very good buying level.

Possibly seeing the likes of NS factoring down too.If this is the case and they havnt sold down too many more then it may bode well for where the sp might potentially head in the future as they wouldnt have factored down by a massive amount on a 30M sell down then buying at low teens one would think.

If they can get the mine development right this time around then rather than the sp fall back with little of substance to support the market cap we might actually retain some value this time around.Then again knowing the track record of these gents so far it may not.

The other possible major fundamental support for the stock could be Mumbwa.As the drilling is centred on S36 this time around any drilling results that show decent continuity SHOULD add fundamental project value as it will start to support an actual measurable ore body resource value.But as has been commented already dont expect too much soon as they are doing around 400 samples per hole,fairly time consuming one would think.

Hoping,praying,crossing digits and limbs for Mumbwa to instill some value back into the sp and perhaps give MF some well needed credibility.This is actually the interesting thing in that MF almost seems to have a nose for half decent projects.Who knows if its luck or otherwise.Could be the old Sth African boys club connection with Kloppers perhaps.