I don't think there are dark forces at work, I work in the stock market and watch the ebb and flow of supply and demand quite closely and it's reacting entirely in line with a stock which has plenty of buyers looking to build a position going into drill results vs a large number of issued shares and sellers who are happy to take profits after a strong run, I certainly feel it is establishing a good support base at 5.9/6.0 which could twitch up on good results. Having traded several emerging copper trades into a takeover, although this is a good possibility, it normally happens much further down the track, buyers are happy to pay more to get a de-risked opportunity.
MOD Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held
