MMX 0.00% 4.7¢ murchison metals ltd

cpg is right. It's just confirmed what was already a given....

  1. 1,038 Posts.
    cpg is right. It's just confirmed what was already a given. Commodities in general especially IO were heavily oversold last year. All the news with MMX and OPR is really nothing new to any holder. It's just now with a better outlook all these stocks are being priced fairly instead of gutted to a inch of their life. MGX, AGO also have done well lately. An increase in holdings from sino is whats needed now.

    Interesting to note we are now back to pre crash trading levels (mmx fell way before the rest). $2 the next physiological barrier and 2.20 next resistance. I was expecting a range between 1.25 and 1.50. If sp can glide past 1.75 tomorrow we will be knocking on $2 quick otherwise 1.25 worse case, IMO ofcourse. Most of you I know are in well below 70 so I think either way I'm not concerned.
 
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