Huge points of supply between .33 and .345, dating back to August last year, which belted the recent rise back down.
With so many being burnt by the price action of OP ,et Al, no doubt holders may be getting out in order to seek greener pastures elsewhere.
Even with the XMJ showing recent strength, and tin surging , the OVER ALL price rises on relatively large volumes, have been somewhat thin, even with a strongish announcement.
Price may even re-test the .30 support , before we HOPEFULLY, see a new surge north..
With luck, we might see an actual RISE in production earnings , instead of just bank interest returns and bizarre investments into Tanami, within the next activities report?
Maybe they should start drilling for lithium, uranium, and vanadium, in order to get a few suckers into the company's register??
MLX Price at posting:
30.8¢ Sentiment: None Disclosure: Not Held
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