Things are looking sharp early this morning.... already buyers lining up.
I think because people are looking for "safe heaven" with good cash backing. Most of microcaps are cash poor. I've seen one company with $70,000 left for the quarter to spend and 2 months already gone for the quarter.
As I said before when it was at 13c, for 13c you get:
1) 21c cash
2) Stockpiles - IMHO most expenses already paid for
3) Moly mine - whatever they can get for it
From chart's view, MOL broken resistance moving higher. MACD looking very good. IMHO MOL will be somewhere at 21c or higher.
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Things are looking sharp early this morning.... already buyers...
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