Hi Afro, it is not surprising it came back to fill the gap, and I'd say some who bought in on the annopuncement release in the gap sold out at a small loss as it came back . Retrace and consolidation is good for accumulators . If we do our research and work out the conservative value MAE is at an 80% discount, then we know fundamentally that this stock is still a strong buy .
It must be noted that not all of MAE assets were included in the reserve certification . Also, further drilling will bring reserve upgrades .
MAE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held