Australian (ASX) Stock Market Forum

MLS - Metals Australia

This little company could provide for some interesting action over the next few months, especially if there is some consolidation in the Zincers. Once they have thier resource proven, why would the likes of CBH, ZFX and KZL not look at them? They have 0 debt, what could the resource be worth?

Any mining gurus like to offer an opinion on the fundementals of such action. I guess i'm looking like a might hold this one for a longer term and i'm interesting in the possibilities.

Cheers,
 
sleeper88 said:
im still holding, got in @ 2.7c, this could pay off big time ;)

Notice you were one of the first few that got onto this when I first posted, well done Sleeper.

Since then quite few been in "n" out....but not many holders...
 
Got in myself at 3.0c so am very VERY happy with how this little one has been performing of late. Would be interested to hear from any other holders out there how they a planning to play this one over the next few days?
cheers
 
well, im getting very very tempted to sell and lock in my profits, but im going with my gut feeling, ie to hold for the longer term. But as always if you're trading this, just follow the rules you set out
 
hey sleeper88, similar story really. Going to hold out for a bit longer. This one's got real potential.

I honestly think that a company with a relatively small market cap and such high quality grades of Zinc as MLS is going to get swallowed by one of the bigger players sometime in the near future.
 
CanOz said:
This little company could provide for some interesting action over the next few months, especially if there is some consolidation in the Zincers. Once they have thier resource proven, why would the likes of CBH, ZFX and KZL not look at them? They have 0 debt, what could the resource be worth?

Any mining gurus like to offer an opinion on the fundementals of such action. I guess i'm looking like a might hold this one for a longer term and i'm interesting in the possibilities.

Cheers,

Can, good to see you jumped in this one.
I will hold for a few days to see how it pans out.
From my experience, theres no reason to sell now as the volume momentum is there, and it has broken into new highs.

Does any1 remember what happened when DYL broke 20c on volume and when AUZ broke 4c on volume and what happened when AIM broke 17c on volume ?

Could be a multiple R trade this one.

Any close above 4.2c is bullish.
 
nizar said:
From my experience, theres no reason to sell now as the volume momentum is there, and it has broken into new highs.

Does any1 remember what happened when DYL broke 20c on volume and when AUZ broke 4c on volume and what happened when AIM broke 17c on volume ?

Could be a multiple R trade this one.

Any close above 4.2c is bullish.

Well put Nizar, tend to agree, as is lookin very good IMO.
 
I actually accidentally sold this. I put a sell order out there last week and forgot about it. :( When I saw the ann this am I would have cancelled the order to let it run further. Missed out on a few beers! :banghead:
 
well well well..closed at 5.4c with a volume of approx 100m

i've been flicking through the company's website and came across some information on its Namibian Uranium prospects. From historical exploration data, an non-jorc estimate of 1930t of U @ 0.034% was derived for the Engo Valley deposits.

So this small beauty has 2 of the hottest commodities Zn & U
 
Morning All MLS Holders,

Looks like this Little rocket is gonna start the day heading UP, so lets hope it will stay...
 
SevenFX said:
Morning All MLS Holders,

Looks like this Little rocket is gonna start the day heading UP, so lets hope it will stay...
Yes, looks promising atm doesn't it. Great pick.
 
kennas said:
Great pick.

This is prob where GDN, PMH, CDU all started off, and look at them now...

This is takin a good bounce this morn, but IMO sure it will recover b4 end of day....traders just lockin in profits...after big day yesterday...
 
SevenFX said:
What did you get out at Nizar, and are you back in...???? :D

EDIT: Are you trading this stock or were you planning on holding it.


This needs to close at or above 5.4 to maintain the uptrend. In my opinion.
 
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