MXR 4.55% 4.2¢ maximus resources limited

opening and closing price predictions, page-58

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    I'm with you TTC
    So the sp fell back today. No big surprise there except for those who expected it to go to 40 cents or more.

    It is a timing issue. The announcement came on Friday. There was a bit of a slow response as the news spread. Then there was a flurry of activity with moves above 20 cents but little fall backs and then rises.

    Then the weekend came and people had time to reflect and read and hear media comments. The consensus of caution about the grade quality has probably had the effect of making some who rushed in now have some misgivings so things have not been pushed up harder today.

    I suspect though that when the drilling has been undertaken and the results assessed then we will find that the results are a lot more conclusive.

    Just my take on the scene today.
 
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