MTX going up again next weekOk you folks all have good comments - and so do I.
I predicted the current rise a few weeks back - check it and see.
I predict a second rise most likely beginning next week.
Why? Simple:
1) new diamond field found with more than one rare purple diamond
2) they have only released HALF of the results therefore on any other positive finds this will move up again and I fully expect the other half to be POSITIVE.
3) Angola drilling into multiple kimberlite targets hitting on first hole - more news imminent
4) Downturn today was felt across the board due to poor economic/job news. Anytime this happens there is a sell-off of assets ACROSS THE BOARD junior, mid or large cap doesn't matter - bad news affects ALL as people move cash from one area to another seeking safety. I have seen this again and again as I am sure most of you have. I can almost guarantee we will see a bounce back again across the board on Tuesday (if not Monday).
5) In my opinion MTX should be sitting at .50 right now BEFORE any further results are released.
I've got a very good feeling about MTX. Good luck!
Thov