MUN mundo minerals limited
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profit taking

  1. tobinwill
    117 Posts.
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    31/03/09
    10:36
    Post #: 4961495
    Looks like we are having some profit taking today with the price back to 41 cents, think I will top up.

    I did some quick calcs to see how the AUD price of gold i tracking against that in the forecast and it would seem that the price in A$ over the first quarter is tracking fairly closely to the second scenario, this combined with what should be a positive quarterly report should lead to some upward price movement although I think that we could be about to enter a periold of consolidation in the sp in the 40 to 45 cent range.

    Cheers
    MUN Price at posting: 40.1¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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