BNZ 0.00% 13.0¢ benz mining corp.

Ann: THIRD SPODUMENE BEARING PEGMATITE OUTCROP DISCOVERY, page-22

  1. 7,556 Posts.
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    You can see in the below chart that there's a tonne of supply at around 50c which is why we've struggled to get through that level after dipping below. Probably not a coincident that the IPO was 50c so until we've cleared that supply, we'll keep jamming up against that resistance. The good news is that I feel we're nearing seller exhaustion at this level and with solid developments being made by the company, I feel we're also close to a strong uplift in valuation which will blow any remaining sellers out of the water.


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