Cham I honestly think that the market will be receptive to good news at any time but our issue in my opinion is that the announcement today even though it read beautifully still did not commit to any timelines. We are awaiting the environmental approval before drilling can commence is very open with no certain timelines and I think the market at the moment will not speculate they want things determined and locked in and I think that once dates can be locked in investors will start to take note of the stock again and watch it more closely.
Also remember MLS has disappointed in the past with timelines not being met like the aero magnetic results were out ages after their deadline so the market is a little wary with this stock. What is needed is for drilling to start soon and some early good or great indicators and then you will see the rush come.
Everything is pointing to something special being there but to what extent who knows.
MLS Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held
