It seems as though MLS has been through quite a rough patch lately, no new news, no remaining drilling results, and of course the declining share price.
Some things to take note of though:
*General mining sector has picked up of late, due to increasing spot prices of commodities. *Japan possibly will start putting on reactors pretty soon (Read an interesting article on Bloomberg) http://www.bloomberg.com/news/2014-01-21/uranium-poised-for-bull-market-as-japan-reviews-reactors-energy.html *GED & SBR both have done pretty well in the last Month. *Chinese have invested in Paladin’s Langer Heinrich mine situated in Namibia. *There has been a buzz in the Uranium sector of late, even though the spot price of uranium is $35.00.
That being said, let’s hope 2014 is the Year that MLS drops the drills and reveals a “radioactive” result.
MLS Price at posting:
0.9¢ Sentiment: LT Buy Disclosure: Held
