Smashie
Your theory is probably true for most (if not all) speccies....but MAD is not a speccy....they have good revenue to support the exploration.
Yes, the news is dribbling in. IMO, there has been little hype from management relative to the majority of other companies. I see very little inflation in the SP from "hype". The SP is not 'hanging' on for every new drill....like most other exploration SP fluctuate on.
"Landslide"...?? MAD are making money. They don't draw down monthly on funds to support exploration. Yes, the raised funds....but this was to up the ante and not to support what modeal they already have. Fundamentally they probably have a more sound exploration model than some of the big boys in the industry.
Any "landslide" will be caused by bad news.....!!
Yes, there will be some profit taking, but the fundamentals are screaming LT BUY for this stock....so any profit taking will likely be low volume...
I can see $4 in this stock.....so my position is 'LT BUY'
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