MUN is a nice spec share. It may go kaboom or it may just go bust. It is so cheap that people think it may go up with the rising price of gold once Crista is in operation.
The Peru project seems pretty high grade to me. If they are still drilling there who know what they may be finding there.
Or maybe it is the daytraders having some fun with us. After all, each doggies is allowed one run per year as wealth is transferred to those who need it the least.
It may even be former holders such as SP trying MUN's love one more time?
Anyway, I agree it is a nice pop.
Now that it is in an upward trend some people may decide to average down by buying more shares. This will give the share price further impetus.
Heck. Just remember that SBM and so many other miners have been eating shareholders' lunches for years and yet their share prices still reflect a lot of blue sky, so why not the same for MUN?
loki (rocking and rolling with Mundo one more day)
MUN Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held
