Higher highs and higher lows is good news fron a technical standpoint. Sentiment on the tin price is uncertain however. If tin tracks sideways for the next few months I suspect MLX will follow suit. At the risk of looking foolish later, my current expectation is that we'll still be in the 35 to 40c range come May, or slightly lower if Chinese stockpiles start to build up... I think it's a buy long term and a hold short term.
MLX Price at posting:
37.0¢ Sentiment: Buy Disclosure: Held
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