MLS 8.33% 2.2¢ metals australia ltd

Ann: Gold Mineralisation Potential to be Reviewed at Manindi, page-42

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  1. 8,076 Posts.
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    Megavlad,

    Keep thinking about your intereted questions , also are mine too. These are my thoughts and imo :

    - Investors who watching from side line decided to take their positions before this Giant moving.

    The bought parcels 10mil/s to 20mil/s ,maybe more than that, telling me they did prepare and get ready to jump on board.

    Reasons to Buy :
    1/FA :
    -MLS got few interesting Projects with Cobalt , Zinc , Lithium... Graphite all high grade. Zinc , Cobalt price rise again this Company will become hot spot.

    -Lac Rainy high grade World class Project with over 3.2km strike in Length , 45m in Width, 198m in Depth many mass high%Cg intersected and still open all directions.

    Results of the rest 9/17 holes coming soon. I strongly believe must be good results as or better than the previous.

    No need to mention about the world's demand in future.

    -Gold potential.
    Rememberd the hot time of WA. conglomerate Gold, many Gold stocks shooting up , ARV - KAI - ITP ...hit their peaks I did post my thoughts " gold in our backyard why don't we try working on it to pick up instead of overseas.." . Another poster , Greenbull , hope my memory is right, also did mention in his post , no reaction from MLS.
    I did make money on another Gold stocks, not "MLS Gold " .
    Now Gold in the area hot again.
    Gold discoveries always big Game changer.

    -Manindi Lithium might get jv or takeover

    -Cr : not all cr are negative.
    Sitting on and want to pickup big money I don't mind to spend some little money.

    2/TA:
    -MAC positive.
    -Sp trading at 0.2 is above MA9 , MA20 , MA50 and MA100 indicated that Short + Medium Strong Buy.
    MA 200 value at 0.27 , need to check again today, if sp cross above MA 200 indicates long term buy.
    -Tech.Ana. :
    Monthly Neutral. Weekly Buy . Daily Strong Buy.
    On the chart seen 0.25 hit again , want to break out chart. If sp hit 0.3 it might break out to go higher.

    If so should see 0.6 - 0.8 by end of year then over 1 to 1.7 . Look like the past history is repeating here.

    Definitely a buy for me , I bought more today.

    Appreciated for your questions.

    Always Imo.

    Cheers.
    Last edited by Petertkd: 14/08/19
 
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