No movement despite several good announcements, page-14

All the drill holes to date were nothing more than “infill” confirming historic data. The market got hyped on the first announcement and the stock ran to 4c or thereabouts.

To be fair to MCT, they did say that it was merely confirming old results, not MCT’s fault the market got ahead of itself.

Subsequent results, and the market wisened up to its original error. Hence the current correction.

There is only one thing that will boost the SP, and that is if they can extend known mineralisation with some good high grade hits.

There is a lot of activity currently in the junior gold explorer space, and others hunting for nickel previously have changes rigs to now hunt for gold. As a result, investment dilution is occurring.

Plus, there are some that have made serious money on MCT (me included, I am free carried). We sold into the run-up. I guess some of us are still taking handsome profits at 2.0c.