Ablast from the past, page-2

tradingbull
1,289 posts.
Date:
04/12/12
Time:
14:30:37
Post #:
11145023
Start of thread

Answer : YES !
I believe MNE could, & I emphasize could , be the next Sirius or more to the point have a price rise similar to it.
Why ? I hear you say ......
Well have a look at the grades their talking about & I know they have to be followed up with positive drill results but I get the feeling management are quietly confident about the enormity of what they are sitting on. You only have to read the latest ann. & see the wording being used , for eg.
*high quality
*exceptional
*high grade
*open in all directions
*outstanding
I think you get the picture , with results such as ;
57.30 g/t Au and 122.90 g/t Ag, I can see why the market is getting excited. As I feverishly tap away I notice that traders are being locked out as the price zips back to .19c now, make that .195 , good I'm long .
Only about 100 mil. shares on issue where sir have about double or thereabouts. Important not to have too many
on the books if you want quick & decisive movements to the upside on positive news.
Terms & conditions of previous owners tells a story as
well but that's already been written about somewhere on one of these threads , sorry you'll have to find that one.
Also the style of trading in this stock is flushing out
the undesirables and that augers well for a steady re rate.
If any experienced Geo's would like to add anything
feel free to , whats that ? T4P , yes he would do.....