Australian (ASX) Stock Market Forum

MLS - Metals Australia

Yes.. very nice to see. Still, the stock dropped over 30% over the last couple of weeks. Still got a bit of recovery to do. A quite volatile stock.
 
Yes. Eyeing this one on my watchlist. Really needs to break 10c with volume for it to really really run.

Very Very strong resistance at 9.5c to 10c. I think it got knocked back twice around the 9.5c mark a couple of months ago. If it can passes the resistance (alot of sellers here), sell depth should thin out pass the 10c mark.

I will be there when it happens......... :)

Until then, be weary of this stock.
 
MiningGuru said:
Making a bit of a run today.

Pushed up to the 8.4c mark

Interesting to see what happens this afternoon. :) :)

Certainly is some activity here MG....but not sure enough to take it back to recent highs...

SevenFX
 
SevenFX said:
Certainly is some activity here MG....but not sure enough to take it back to recent highs...

SevenFX

Now pushed higher to 8.7c on strong turnover. If it finishes on its highs will have a good chance of breaking 10c tomoroow or next couple of days.
 
No news from MLS for a couple of months...AGM on 2nd March.

Any ideas when the next resource upgrade will be announced.


Royce
 
Royce,

2nd Quarter Activities Report and Cashflow Report due out before the end of January, so hopefully there's something positive in there.

Serpie
 
Thanks serpie..hopefully shares can break through that elusive 10 cent barrier on some decent announcements.

Royce
 
AGM on 2nd March.

Last time WMT went for a run MLS soon followed.

I'm not sure what has set off WMT besides day traders - no announcements

Might be time to review MLS before AGM
 
The buyers have returned!

Up .4c today.

The 7c resistance level has held strongly and it is now bouncing up again.

Could be time to top up ;)
 
Message in another forum

I'm told that U deal is done and it just has to be presented to the market Ann late this week or early next week?????????????? SO I am told

Drilling to start in three days Weekend
And the best thing is THE U can be mined straight away we do;nt have to wait for 5 or 10 years like we do in Australia
 
Well it did run from 7.2c to 7.7c in the last 30mins. Could this be a sign of the next run up, maybe test 10c again?
 
Dave31 said:
Just went through 8c.

Has been trading between 7.2 and 7.7c for the last week.

Correct .. and comparatively pretty low volumes, but today 23 million odd shares traded ... mass buying before an expected announcement due shortly ??
 
Any updates or news on further drilling program which was due to commence end of feb, apparently awaiting clearances by the WA govt??

Losing patience with this one :banghead: :banghead:
 
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