I was one of the scavengers bottom feeding yesterday :) Looks...

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13/01/18

08:24

Post #: 30274982
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Originally posted by ainsleym ↑

Yeh, agreed, and it does look like maybe the bottom (5c) is now established. Following the trades yesterday I get the sense that selling was drying up at these depressed levels. Given its a pip-trader stock the fact that there were periods where a gap developed between buy/sell and persisted for a while led me to this conclusion. Not yet seeing conviction buying coming back, instead I get the feeling its bottom-feeders scavenging up the cheapies at the moment and accumulating. Either way thats a positive. The change in top management has helped sentiment a bit I believe. Its a wait and see in this respect, but I hope for a more disciplined approach in regards the exploration effort ( for example, I hope no more fiascos like the Mulligan rock sampling procedure which on balance bore no real relationship to the better targetted historical bulk sampling (10% cobalt) and for that matter also the historical sampling undertaken by the Canadian Dept of Mines, again super-high cobalt assays).

And better constructed communications I hope going forward ( what could have been more dumbfounding than the announcement introducing the new MD Tunks as being well credentialed in doing CR's.... Jesus Christ almighty !!!!.... I am still seething mad about that insertion in the announcement, served no purpose, and resulted in an immediate unwarranted negative impact on the share price given the recent successful CR ). I hope Tunks is given full responsibility for penning all future announcements

Midrim results should be coming soon. I remind everyone that Midrim is NOT a cobalt play, its a copper-nickel deposit. Only Iron Mask and Mulligan are the cobalt plays

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I was one of the scavengers bottom feeding yesterday Looks oversold and due for a bounce GLTA

MEI Price at posting: 5.4¢ Sentiment: Buy Disclosure: Held
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Last 9.4¢		Change 0.001(1.08%)		Mkt cap ! $222.2M

Open	High	Low	Value	Volume
9.3¢	9.5¢	9.2¢	$286.0K	3.065M

Buyers (Bids)

No.	Vol.	Price($)
8	419952	9.1¢

Sellers (Offers)

Price($)	Vol.	No.
9.5¢	22882	2

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No.	Vol.	Price($)
5	1773521	0.011
11	2924000	0.010
6	4510000	0.009
7	2258300	0.008
1	142857	0.007

Price($)	Vol.	No.
0.012	620532	3
0.013	1998837	5
0.014	926384	7
0.015	670000	2
0.016	1179000	5

Last trade - 16.10pm 29/11/2024 (20 minute delay)

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I was one of the scavengers bottom feeding yesterday :) Looks...

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