Let's hope the share price will stabilised at already current low level until the drilling results for Taub are out...hopefully soon.
The strange thing with this stock was that for a couple of the previous announcements with pretty good trench results, the share price went the wrong way.
But IMO, this is the drilling results and hopefully "IF" the results are good, very much hope that it should be reflected in the share price.
IMO, looking LT, MNE looks more bullish than bearish in sentiment based on:
1. The trench results out in Taub speaks for itself.
2. The MD CV looks good with his many years of geological experience.
3. Located in a low cost base country, Philippines.
4. Close proximity to major resource consuming countries like China & Japan
5. Low Market Cap to date.
6. Share price is at the lower end of its spectrum...
IF the drill results is found to be excellent, IMO MNE is primed for another rebound.
...All depends on the drilling results???? Are we there yet?
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