the sky is falling....grow up

For all the whining, nagging and naysayers here insisting that the MXR world is at it's end because it's down a MEASLY 6 cents from it's friday closing - I have but ONE thing to say to you.

GROW UP.

This is a Stock MARKET - it's not an ATM.

If today's retrace DIDN'T occur then I'd be worried. In fact this retrace is REQUIRED so that the SP can continue to grow.

Nothing has changed from Friday - MXR still is sitting on a gob smacking 1.3 BILLION TONNES and this is AT A MINIMUM. The potential for 3 Billion Tonnes from just one of their five investigatory locations should alone have you all happy with whatever holding you have.

This current valuation doesn't even take into consideration MXR's OTHER projects - Gold and Uranium to name but a few.

Bottom line - if you're a trader, then you're in, you're out, you've made your profit and you'll move on from MXR.

If you understand fundamentals, and you have a minor understanding of market dynamics, you'll realize that today is in fact a GOOD DAY. The SP has retraced less than 50% and it looks to be consolidating nicely at this junction.