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 -
MRX Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
