its not unusual to see good company's retrace after a large run up in the sp...
fibonacci retracements etc are common and can be healthy. good company's generally grip, then rally hard from such retracements.
i continue to think its a bit rich for the same poster (Nic) to say MTE has overshot when only a few days ago he was discussing an article in which Yanzhou are targetting one of MTE's neighbours (Syntech) for between a few hundred million $$$ to $1 billion +++ when MTE are clearly going to have a much bigger resource.
MTE are well on track to be compared with BND in making claims to holding the largest undeveloped coal resource of any explorer in Australia.
MTE Price at posting:
53.5¢ Sentiment: Buy Disclosure: Held
