AUL 0.00% 28.5¢ austar gold limited

Looking at a weekly chart, it looks like MNM hit 50% Fib...

  1. 295 Posts.
    Looking at a weekly chart, it looks like MNM hit 50% Fib retracement taking into account the low of 6/12 of 3.3c to the high of 03/01 of 29c. The price has also retested the low of 15.5-16c on 19/01, and rebounded again.

    Considering that the announcement of the bulk 20 tonne Bacchus Marsh sample is due any time, there is greater probability that once the announcement is made that we could see the price range within 35-40c in the coming weeks.

    Well done to holders who got in at the 15.5-16c level today.

    All is looking very good imo. Good luck to all holders
 
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