MPJ 0.00% 0.0¢ mining projects group limited

Ann: MPJ Advance with New Nickel Sulphide Zone Identified - ROE 2, page-41

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  1. 421 Posts.
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    Good to hear you're still holding some oppies, may have been the right call to get out of your heads at this point, I guess we'll find out in the coming weeks.
    I understand your point that on the face it seems theres no reason for buying pressure, but how about the bloke who dropped 60k in one hit in early june? There was no news regarding results or anything, at a massive stretch you could put it down to them hiring the GEO, but I find that highly unlikely.

    Rather what I think happened was that a large player saw a buying opportunity for a stock with massive potential at a good price and bought a sh1tload of shares. This is what I think is going to happen in the next couple of weeks. that's all IMO obviously.

    I think by september people will be looking back thinking how stupid they were for not hoovering up everything on offer at 7's, just as a lot were in june.

    Stay patient, exit on volume, simples
 
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