MLX 3.49% 44.5¢ metals x limited

Ann: Update of Operations Underground Mine at Nifty, page-17

  1. 3,947 Posts.
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    Some on Wall St buy on bad news, sell on good. Starting to learn how well this can work, depending how bad the news is of course. An electrical failure isn't that bad. The infill drilling of the first 300m of the down dip ore extension will be well advanced by now, so an announcement of a largish percentage increase in JORC mineable reserves will be coming at some point. Open at depth. If Blackrock want to sell more at this price or below, my powder is dry and I will have a bite. I have my sources too.
 
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