mmx starting to run - big predictions! MMX appears ready to run again now judging by the action in recent days, as full production is tipped to commence next month, as advised yesterday by my broker who is close to the action.
Recent big institutional buying remains the biggest sign that this company is heading for the big time, and the stock will now be very tightly held as a result.
The new year's Iron Ore price will be hashed out any day now, and as noted, 20% increase on previous pricing remains the likely scenario. Cheaper shipping/freight costs will alleviate this increase and keep the Chinese, and in MMX's case, the Koreans happy I'm sure ........... as the net result will be status quo at the other end.
Big profits, Big Reserves, and Big Times ahead for MMX.
Will definately have dollar signs attached to the SP - just a matter of when on the straight roads ahead!
wrxsti
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