MMN macmin silver ltd

mmn to surge today!!, page-5

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    X, the 15/15.5c level are resistance levels. The breakout I refer to is the breakout from the descending triangle which has been forming for a number of years. A close above 14c will confirm the breakout! Target from this breakout is 26c ish!

    N, I think MMN require a sustained silver price of $6 (AUD$9) before they will give the go ahead for the mine. The breakout for silver overnight has a minimum target of $5.55 and if gold was to hit around $430, silver would have to be over $6 just to maintain the 70/1 conversion rate to gold.
 
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Currently unlisted public company.

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