For the last time, this is NOT a day traders stock. It's a stock that was under enormous funding pressure and needs to realise the value of whats in the ground. This major announcement has sured up the company and now the earnings will follow soon. Chinese banks are still tight with funding/credit, so as I've always stated, the 500mill is going to make the mine a 100% goer. The fact that a Chinese coy is the major shareholder now makes it that much easier to secure the finance. (Only the DEBT has now been paid for). I expect a solid uptrend from now on. Capeesh!!!!
E.
MOL Price at posting:
88.5¢ Sentiment: ST Buy Disclosure: Held
