Shorting MXC will still continue right up until something really significant is announced.
While not central to MXC's MM business, Any confirmation on the $8mil Korean deal which includes the first $1mil deposit will have a bigger positive affect on the SP than it deserves. Full GMP certification will have the same impact.
Australian operations are small bikkies (relatively) anyway compared to Europe - that is where the momentum will come from.
In the meantime, we will see the SP in the doldrums.
So what really. Makes us all annoyed but we all know the SP will rocket at some stage this year. We can affort to hold our collective nerves.
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