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MLS - Metals Australia

technical breather? i think next leg closer to its next drilling

but theres no denying the baby is undervalued...4 cents cmon...for a zinc mine!
 
nizar said:
Yes closed at 5-year highs. Looking at the volume yesterday, this is gonna run.
I agree. This is looking very good. I think I might have to get on this baby. Haven't looked at what it does yet. Make washing machines? ;)
 

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been holding this for a while, my patience is paying off now :D all we need now is more drilling and an updated resource estimate
 
made a tidy profit on this accidentally. my boss was chatting away at yesterdays open when it broke 4c and my sell order was filled :(

have fun with this one, lots of buyers atm.
 
great AGM. the sound of Oxiana and Jabiru, my two babies being mentioned in the same room ^_^ is sweet sweet music to my ears!

Bring on Manindi! :D :D :D
welcome on board kennas
 
Kennas and others,

What do you guys make of this one now?

Was making higher highs and higher lows up until thursday. Thursday i was expecting a breakout but doesnt matter, it still made a higher high and higher low than thursday. So trend was intact. But friday was disappointing.

4.2c or above is where its gotta close if its gonna break out. Seems to be support at 3.6-3.7c. So consolidation between 3.7-4.2 for a while? Or a breakout still imminent? Maybe i was a tad early entering into this one.

Thoughts?
 
I got in and out of this a couple of times over the last month, and i sold my last pos. on Tuesday, missing the other big rise on Thursday as i thought that it would struggle to get through the previous days high. With the week closing just off the highs for the last 5 years i would look for this to consolidate before making new highs pushing through the triple top resistance. Again, all depends on POZ. This does however, make for a nice low risk setup too, with a stop just below .04, say .036 or .037.

Cheers,
 

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Heres the triple top on the five year chart, keep in mid this was another company back then too, or at least another name.
 

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CanOz said:
Heres the triple top on the five year chart, keep in mid this was another company back then too, or at least another name.
The lows and highs are getting higher since 03. Long term up, but pretty volatile though. Is overbought.......I'm going to give it a bit of room to move. Like the prospects.
 
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