Just to get this thread back on track....
MXC (as all stocks are) is sometimes at the mercy of geopolitical events. Follow the monthly chart and you will see a drop from 10c down to approx. 7.6 cents. Nothing in the fundamentals of mxc changed. However world events did. Grumpy Trumpy decided that a trade wars was in order and our friends in china retaliated. Stocks retreated based on that fear.
Then MXC announced Malta and we had a bit of a kick up to 9c. Against the trend of the stock market.
Now the purpose of this post is the following. We have a couple of world events Syria and Trade War simmering away in the background. These are caveats to the next statement.
If those just simmer away the Geopolitical world may have turned for MM stocks with Grumpy Trumpy's dig at Jeff Sessions. By supporting MM in the sates and with the Hemp legislation developing, it may see MXC go on a bit of a run.
I believe the Malta deal didn't get the full run it deserved because of the other geopolitical factors, now that they may be aligned in favour the next MXC run may be quite a sprint. If they can break through 13c watch out..... BUT remember what Grumpy Trumpy gives he can also take away.....
(Note to learner: 1)
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