MLS - Metals Australia

[rub92me]

What are we waiting for now? The SP starts to move upwards again today. Looks strong on the buyer side. But there are 5M queuing up around 0.082. Any chance of breaking this resistance and move forwards to 10 cent region?

I'm waiting for a couple of days of upward sp movement with increasing volume. I can tell you by the end of the week whether this has happened, my crystal ball is a bit cloudy Recent announcements have done little positive for this, so wouldn't bet on the next one making any difference either, unless it is spectacular and unexpected.

 

[ongchuan]

What happened to the MLS? Recent announcements were positive but the SP seems to be stagnant around 7-7.5 cents. And there are heaps of seller queueing up around 8 cents region. What's wrong with them? Anyone??

 

[rub92me]

No use fretting about it. I assume you bought in at price x, with an expectation that it would break through based on positive news. That didn't happen. If it hits your stop, or you see a better opportunity elsewhere, get out. Otherwise, you patiently wait. I got in at 7.3 cents. It hasn't hit my stop. I'll give it another month. If it's still ranging on further positive news I might get out and try my luck elsewhere (unless I get stopped out before that).

 

[ongchuan]

Haha...I got in at much lower than urs...hehehe....I guess I will wait and hold it for long term.Target for at least 15 cents. Good luck@

 

[kransky]

Gotta wait for the drilling results... I think there is some good potential at the mandini Zn deposit...

 

[sleeper88]

Ann out..very impressive results, MLS in pre-open now, can't wait until they release a new resource estimate. Judging by indications so far, the resource is shallow and high grade, the resource could well be doubled.

I compared the charts of AAR, AUZ and MLS, they all look very similar, I wonder when MLS will test the 10c barrier again? Possible a upgraded resource estimate or positive results from U or Ni.

 

[ongchuan]

Yeah! Good news is out and I cant wait to see it fly like BLR! IT has been sleeping and hibernating for a few weeks and now is the showtime!!!

 

[ongchuan]

Does anyone know why MLS has so many seller queuing up to sell??? Volume is high but the price just stay between 7 to 7.5 cents. What's wrong with this?

 

[surfingman]

SIGNIFICANT URANIUM MINERALISATION AT THE MILE 72 PROJECT,
ERONGO PROVINCE, NAMIBIA.

Sampling of the calcretes at Mile 72 has generated results of up to 2819 ppm
(0.282%) U3O8.

 

[Agentm]

i was nearly going to buy in yesterday and jump out again on the high today, but decided to stay on with my current position..

news is pretty good, and i hear the news coming up in the next few weeks at MLS are equally going to have some great upside..

 

[Ken]

Did anyone see the sell order @8.2 cents for $92,000?

Thats a fair offloading...

I think its a day traders delight picking off the average punter.

 

[zaskar]

Did anyone see the sell order @8.2 cents for $92,000?

Thats a fair offloading...

I think its a day traders delight picking off the average punter.

Saw that one. Actually there's been a few large orders - 2 large buy orders over 200k at 8.3 and 8.5. 4 sell orders over 100k in the low 80s and 2 more buy orders over 100k in the low 80s. Using stockness and tradingroom intraday data.

cheers

 

[sleeper88]

Up she goes, seems like the market is pricing in MLS' uranium tenaments in africa now, now all we need is an announcement on the the nickel projects with ARH, and should get over 10c barrier.

 

[MiningGuru]

Trading strongly! Up to 9c

I think that this will break the 10c barrier in this surge.

Then it is blue sky!

The U announcement is fantastic, and with the Zn drilling this share is worth way in excess of its present share price!

 

[Caliente]

As I'm sure most of you are aware, I love yellowcake, and I love Namibia even more.

imo best place in the world to mine uranium when all factors are considered. (side note: australia will overtake Nam once the politics dies down here.)

Just got in this morning based on the strength of this announcement on Mile 72 at Erongo (100% MLS owned) - my second time in MLS, lets hope it is as profitable as the last

 

[sleeper88]

Trading strongly! Up to 9c

I think that this will break the 10c barrier in this surge.

Then it is blue sky!

The U announcement is fantastic, and with the Zn drilling this share is worth way in excess of its present share price!

Lets hope this time there's enough momentum to push it past 10c. I made a heap entering at 2.7c and offloading 8c..bought back at 9.1c, and have been holding till now..lets hope my patience pays off.

 

[Caliente]

Hi sleeper same story here, I bought MLS a long time ago at about 4 cents and hopped off at 8.6 cents.

The high grade upgrade on Manindi + U is making this one look attractive again.

 

[sleeper88]

Closed 9.5c, massive volume, largest in 6 months, should really test 10c barrier tomorrow, the charts great, this is uranium fever..impressive rockchip samples sent this baby up 28% but impressive drill results at the Manindi deposit does absolutely nothing, but then again im not complaining..just based on fundamentals, MLS has it all, zinc, nickel, uranium..

Its high grade Manindi zinc deposit could be generate significant CF to fund a massive exploration program in Nambia (which were absolutely free). Its greater sherlock bay nickel JV with ARH gives it 30% free carry without spending a single cent..What they need is to rapidly define and upgrade its zinc resources, put it in production..and use the projects free cash flows to hunt down U in Nambia..

 

[Agentm]

it fills you in on how when you mention uranium, the sp goes bluesky.. all uranuim stocks are in the same boat, there is one huge bubble...

nice to see the mls share rocket, i chose to stay on the sideline for this one.. kinda think i should have joined in afterall..

good luck to all holders!!!

 

[kransky]

Been holding mls for ages.. happy to see it finally moving somewhere.. I mean up.. should look good as they keep drilling mandini...