MMR 0.00% 0.4¢ mec resources limited

cheap mmr, page-14

  1. 2,465 Posts.
    lightbulb Created with Sketch. 36

    IMO the selling you see in MMR & GBA is directly related to the duster from MEO, no doubt about it. All PEP11 stocks were just fine until Monday when MEO blew itself up and now you see the PEP's down up to 25% so you're kidding yourself if you believe there is no correlation. Like or not the risk just got much higher for PEP11. Fear not the brave however as I believe the selling will subside in a day or so as the nervous ones exit and we might see a bit of a bounce. Either way it's pretty disappointing to wait so long for this prospect to be drilled only to have another explorer 5,000km away stuff up and ruin it for everyone.
 
watchlist Created with Sketch. Add MMR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.