Recover to Breakout on Lithium play, page-192

25% of the share register traded over the past two sessions = a lot of fresh investors in the mix. I'd say that with this volume, a lot of holders from lower price points would have sold out - forming a new floor around 0.9c range...

Lithium explorers are certainly all getting some interest, however - they are not all receiving this *level* of interest.


It looks like institutional buying - they put in large buy orders; and cap the price. They also will dump out a small portion for them (ie. 10mil to try and cause panic); happens every day. If these guys are buying in, likely there is more to the MPJ story than we know - they have whole teams researching small caps about to pop. Having both gold and Lithium prospects places them in a great position too. Volumes like we are seeing don't happen for no reason...

At this pace, i would not be surprised to see 1.4c over the coming days. P/E ratios for Lithium stocks seem to be moving higher across the board; so an inflated market cap in this hot sector will be common.