In my view, MLS has a fantastic risk-return profile at current price levels.
Looking at the company’s market depth, sellers at 0.2c are getting fewer and fewer. Currently, there is only $67k worth of paper left at 0.2c.
If Lac Rainy drilling results are good, the share price could jump to 0.3c (+50%) or even 0.4c (+100%) quickly. The drilling program at Lac Rainy was completed mid-May. Therefore, first results should be ready very soon.
Let’s keep our fingers crossed and hope for announcements with good grades!
In my view, MLS has a fantastic risk-return profile at current...
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