Frankie,I'll just put in my two bobs worth for Z.MRX is in the...

Frankie,

I'll just put in my two bobs worth for Z.

MRX is in the middle of multiple big announcements, the last of which was the 70 metre wide copper seam.

I am led to believe more drilling results are imminant, and as a result of last reslut expected to be very positive.


I believe funding is to be confirmed in the coming weeks.


Regardless of all this, as a technical trader I am strongly on MRX (the only stock) on the basis of the hugely positive and bullish chart.


Whilst it may well trade sideways over coming days, I would not be prepared to lower my holdings for fear of missing a run which I see going to $0.20 short term.


I note copper price up last night, indicating a period of consolidation as opposed to correction.



Baillieus, by the way continue to be very bullish on the. Ray Chantry the premier mining analyst for Australia -