MTL 0.00% 0.2¢ mantle minerals limited

Healthy Pull back, page-3

  1. 712 Posts.
    lightbulb Created with Sketch. 180
    Pullbacks can be healthy, not sure id classify this one as healthy. Buyers dropped significantly, no purchase and only $65k in the bank.

    I have been watching with interest, looking at a time to get back in. Glad i havent bought yet as I dont thnik this pull back is done.
    Seems to me that the captial that is going to go to the company from its significant purchase will be through the pockets of shareholders via a capital raising.

    The has been a big pump over recent weeks on ramping and the hope of people making mega bucks by getting in early, understanding the secret codes etc etc.
    JC was right in saying this one is a gamble and its all good if you can handle it going pear shaped.

    I think most of us have less we can afford to lose compared with JC so im out until the dust settles and the facts about this so purchase, JV or whatever are revealed. Yeah, I might miss the peak but then again i might also miss the drop...

    DYOR, buying based on what people say here is not a good strategy...
 
watchlist Created with Sketch. Add MTL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.