I think I said at end of last week that this week we should see it have a go at 22c and it did today, and I said if the assay is bad (imo, today's ann. doesn't seem to be that bad, but I'm not the expert so can't comment too much) it should find support around 12.5-15/15.5c (if 18c doesn't hold) (15/15.5c was previous S/R and 12.5c is LT. EMA)
as we (people who followed MTM and have done proper research) know that Pomme drilling is about to start within next two weeks, and we should get some update/result as early as June so there's not many opportunity to buy at current price now (17c when i'm typing this)
so the pulback/retrace/drop today isn't a surprise at all since it was up from 10c to 22.5c (peak today) in last 20 trading days without any pullback.
MTM Price at posting:
16.5¢ Sentiment: None Disclosure: Not Held
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