Yes I agree !!, I think the market at open didn't know which way to go, and was shorted, and done well, and thanks for the cheaper stock.
My thinking for the last few reports is, its a Porphyry. And will be very large in deed.
You will always get the traders to rape a stock if they feel they can push it one way or the other.
The market the night before, and commodities had been sold off, proberly didn't help.
The news flow will be to temping not to be in the stock, and may get even better news Monday.
As far as a cap raising goes, I feel MTR would prefer to invest further in this project, so the average joe may not get a show in, and down the track a rights issue would be preferred.
Moday could be a visual on the core being drilled.
GLTA.
MOD Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held