MHC 0.00% 0.2¢ manhattan corporation limited

Ann: Trading Halt, page-8

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  1. 657 Posts.
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    Well this explains the large increase in volume in the last few days! Hopefully the Chebogue results put a substantive sustainable sp increase in place. I'd be disappointed, as a LTH, if the results only put a couple of pips rise in sp, only to fall back after the day traders have made their margin.
    I originally bought into MHC for the New Bendigo prospect. I hope that MHC refocuses onto Bendigo once the PoG takes off. I expect the PoG to be US$2500 by eoy, nudging A$4000 an once. In the meanwhile, if the Chebogue Lithuim Project in Nova Scotia can generate some substantive investor attention and cash injection into the coy well and good. But I think Bendigo should be (and will be) the main focus. The geology of New Bendigo holds a good probability of success. Unfortunately, the junior gold explorers have been in a bear market in the last two years. I think that is about to change in the short term. Bendigo has the potential to be a coy maker for MHC. Holding plenty.
 
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