News: MLD MACA Ltd Executes Contract With Carabella Resources, page-17

Hello ....it is disappointing isn’t it .  Especially after getting the promo fron Barefoot Investor.

Possibly a lesson in what happens when a company is essentially completely institutionally owned and the institutions feel like devaluing it.

Back in June @Saragian kindly posted this chart (when the orice was $1.16.)

here’s his comment :

” I would expect to see a test of the $1.00c. level from here.Cheers

Caution I am an extreme novice but I have pretty well followed and adored Saragian’s brilliance from the sidelines for a couple of years .

so trying to channel a reading ( can’t ask direct atm)   the price has dreared around without doing anything much except for a false launch at the upper price line in August.  (maybe around $1.47 ?)  It needs to reach, crawl over and stay on the other side before things will genuinely start to turn around instead it’s sluggish best effort was a close of $1.41 in August .

I don’t like being stuck here I am staying because I think it is fundamentally OK and I hope things will turn around.

but I am not in a hurry to buy more.