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MT ISA METALS LIMITED (ASX:MET) - Ann: Boungou Gold Prospect - New assay results ex, page-4 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
MET
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0.00% 39.0¢ mt isa metals limited

Ann: Boungou Gold Prospect - New assay results ex, page-4

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  1. seaemay
    2,662 Posts.
    lightbulb Created with Sketch. 98
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    07/07/11
    09:03
    Post #: 8640412
    re: Ann: Boungou Gold Prospect - New assay re... So many promising (and delivering) small companies are being avoided like the plague at this time. I guess you can only put it down to fear and negative sentiment, which generally counts for far more than sound fundamentals unfortunately. Four years ago MET would probably be riding high at around $2, since at that time fear was a non-existent word in the market, and everyone only saw the road to riches. Now a company like MET puts out a great announcement, the SP rises 10%, and then punters look to cash in quickly, believing (and they make it come true by their actions) that the price will quickly retrace. Until some measure of confidence returns, possibly by September, it'll probably be a recurring story. I'm keenly awaiting the assays from the Bantou prospect, which could be the best set of numbers so far.
    MET Price at posting: 33.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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