MRR 11.1% 0.8¢ minrex resources limited

Loaded more at 5c as it gave confirmation that the current trend...

  1. 270 Posts.
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    Loaded more at 5c as it gave confirmation that the current trend will continue since 0.048 was supported.
    I like to believe accumulation phase has nearly come to an end because otherwise 4.8c wouldn’t have been supported. (This suggests the big boys are holding most of the shares and no motives to drop the price to buy cheap shares).
    Lots of news to come in March.
    Gold assay results, lithium sample results, updates on reconnaissance surveys and etc.
    Note that George gets performance rights if the SP stays above 20 day VWAP of 14c. That’s where the SP will be headed imo.
    Let’s see how it unfolds in the next few weeks.

    https://hotcopper.com.au/data/attachments/4121/4121501-30c7af27b7951a0fa2ba8c6ea8e1d26f.jpg

    https://hotcopper.com.au/data/attachments/4121/4121461-dfd237f26092e326ea0c4071dd5f432d.jpg
 
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