MNE 5.26% 3.6¢ metallum limited

News: Metallum begins trucking ore from Panga, page-44

  1. 2,559 Posts.
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    I dont believe these stocks trade on any fundamentals. This is more like a street fight. One with big balls / $$ / holding ability wins ( Pardon the language ). It is a matter of who throws the towel in first or the one with more stamina stays. This is world of vultures. They are here to clean up the dead and those cant stand competetion or less patient. I think the opponent would have to give in soon. They can only win when others keep buying or selling. Buying has dried up, selling has dried up. They only way they would drum up interest is by baiting with a price rise. I think it is time now. Secondly, if company can show as a pay check and hold costs in control, there is a chance of sp appreciation. Cheers
 
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