Fundamentals aside,and their damned good as long as Cu stays up where it is,someone appears to have a leash on mrx.Been trading in this tight band for a bit now and that selling depth justs keeps re-establishing itself.Reminds me of the good old days of avl at this level.Wonder if its the same ones playing with it.It would need a huge volume day(say 20 mill+) to push it through the current level.Hasnt traded more than 16 mill in the last year as far as I can see but they are moving to a much bigger resource than first thought by the looks which might do wonders for the volume tomorrow.
As they say,only time will tell.
d.
MRX Price at posting:
0.0¢ Sentiment: None Disclosure: Held