chart, page-10

mitta3

Reading through your last couple of posts have me a bit bewildered. I am not a chartists for what its worth they may have some merit with the likes of BHP CBA but not a company like MOL.

You also seem not to have much background knowledge of this company. This I would have thought would be the wisest way to invest in any potential mining company, not what your charts may say. Things can change in an instant with the right announcement, look at your charts to see the past movements of MOL. Its potential to deliver huge returns are with out doubt the driving force when it comes to its S/P.

We all know what the GFC did to companies like MOL, there are a basket load of them waiting for a partner or finance. Hanlong have seen a good thing and taken up the baton, what the market is waiting for is confirmation and more importantly that they have secured finance. Once that is confirmed MOL will take off like a rocket. You only have to do the rough sums on what resources its sitting on to know that its S/P is way undervalued.