MLS 0.00% 1.9¢ metals australia ltd

feeding frenzy abated..., page-6

  1. 1,674 Posts.
    guys,

    It wouldn't do MLS amy harm to have a pause for breath at around these levels.

    I still think there is a very good chance that 10c could be on the cards by Xmas if a few more brokers/insti's decide to get a piece of the pie.

    What is fact is that these guys already have a commercial Zn deposit and going forward anyone with a brain knows that this resource is only going to get bigger and better in terms of grades.

    How big is the question? I still say between 2 & 4mt, which in money terms is a hell of a lot!

    At under 10c there is little risk for anyone holding and I think the brokers insti's will see it this way and soon start to accumulate some more.

    It's been a great few weeks, especially for the few who have been holding from the low 2's!

    regards
 
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1 78955 1.9¢
 

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Price($) Vol. No.
2.0¢ 200000 1
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