MFE magnetite mines limited

Once ROY's Quarterly is released in the next week sometim, I...

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    Once ROY's Quarterly is released in the next week sometim, I expect further positive price action as a wider audience of Brokers, Investors & small resource analysts pick up on the U news and Iron Ore news.

    Even though we have already seen some smart money get in early on ROY, I expect it to continue once the Qrtly is out.

    SImple fact is - no matter how good some news is for these illiquid, small cap stocks - it gets missed by a lot of people who only seem to have time to read Quarterlies.

    So even though ROY may not have anything new to say for the Qtrly, don't be surprised if we get a delayed reaction to what's been happening during April.

    The stock closed at 34 today...lower than before the announcement...the nimble will get a bargain tomorrow if they are quick.

    Coop
 
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