Things are looking sharp early this morning.... already buyers lining up.
I think because people are looking for "safe heaven" with good cash backing. Most of microcaps are cash poor. I've seen one company with $70,000 left for the quarter to spend and 2 months already gone for the quarter.
As I said before when it was at 13c, for 13c you get: 1) 21c cash 2) Stockpiles - IMHO most expenses already paid for 3) Moly mine - whatever they can get for it
From chart's view, MOL broken resistance moving higher. MACD looking very good. IMHO MOL will be somewhere at 21c or higher.
MOL Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held