Sentiments improved for companies in the region exploring for...

Sentiments improved for companies in the region exploring for the PGE's mineral's and many have good gains. MAN is tracking up nicely
in anticipation of news flow approaching and AGM in November. Newleyline was with Andean Energy before the discovery of Julimar. It's in the same Jimperdig region and the mafic and ultramafic surface is similar to that of Julimar. Surface rock sampling has shown up some results of the PGE's elements. Recent drilling has shown up traces of nickel sulphides and November drilling program will be looking for the mother lode. It appears this is a promising opportunity with a chance of replicating Julimar success story. Buying interest has been building up of late, this could be an indication of management is pursuing its objective with enthusiasm. Due diligence has been over a period of more than a year before the acquisition of the present tenements.
Management has discovered another conductor at Tolerno North and South with promising likely massive sulphides shown in its aeromagnectic survey. and is already planning for a course of action to proceed. November will be a month of drilling and news flows coming in for subsequent months and with funds of $16.5 million on hand is a cash box with no worries of running out of money before finding the big one. No capital raising is required and management is able to concentrate on Newleyline Jimperdig region.
Currently MAN has a similar chart breakout that is similar to Weinstein's approach. The share has been consolidating over a period, in this case many months before the breakout. Volume has been increasing during the period and RSI is trading above 50.
MACD has been positive for sometime after the golden crossover and appears to be tracking nicely along the same path. There is much to like about the current chart and things could turn up well with MAN with continuing buying interest coming in. (DY).OR, not to be regarded as advice