To all MLS holders - not a ramp, just a point of view from someone who is a long time holder- 3c. My message is patience. How long? Just when you think you are getting close, think again. They estimate that the drilling will commence in the first qtr 08. This DOES depend on the availability of drills - take a ticket and wait in line...
Yes, we all know what they have in the ground and yes, it IS a matter of time before they are producing (if they decide to do so).
In my view MLS has jumped a hurdle - they have broken through the .10c wall and have stayed around or above there for the longest sustained period in 12 months. Expect them to go below 9c again and expect there to be strong buying from there.
I also understand (not from the taxi driver) that once one of the directors sheds his interest in another company he owns, there will be further activity.
Not every spec stock is an RAU...
These thoughts are my own opinions. DYOR and all that.
To all MLS holders - not a ramp, just a point of view from...
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