TTM 2.06% 49.5¢ titan minerals limited

Even with another good news, do you actually think this would...

  1. 31,884 Posts.
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    Even with another good news, do you actually think this would crack the 1 cent mark?

    I don't know about 1c but what I do know is the whole mining sector has a massive negative sentiment at the moment. Mining sector is cyclic and we are on the down turn leg after a long period of prosperity, there is zero speculative money flowing at the moment. If/when MIZ can show that production is making them the profits they have announced then MIZ will become less speculative and more money will hopefully flow in. Until then there's not a lot that can be done about the negative sentiment and a consolidation of shares might just increase the negative sentiment for MIZ purely because most mining speculatives consolidate shares for the purpose of more pump n dump placements. Yes .003c to .004c is a 25% rise but the marketcap of MIZ is so ridiculously low atm there is ample scope for it to rise quite quickly ONCE production is proven.
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