Some of the greatest scrips have consolidated for a very long time frustrating even the most patient value investors , this is the norm and not the exception for many good scrips. The trash always runs fast to attract retail.
There is absolutely no question about the potential of MOD , it is remarkable, they have just scratched the surface now.
Otherwise we will not have Rick Rule visiting the deposit and taking a ten percent stage in MTR immediately ( I am an investor in MTR : disclosure )
MOD ran to 9 c and right now at 5.5 c at 200 DEMA
At the risk of upsetting existing holders , feel it can go to its next support 4 c over next few weeks. I will be an active buyer if it happens.
MOD Price at posting:
5.5¢ Sentiment: None Disclosure: Not Held