RE: WILL IT DOUBLE?YES NO YES NO YES NO ????????
In spring 2007 it took less than 2 months to bring the SP from 1.2 to 4.5, that was 2 years ago, with a completely different situation in the markets compared to today!
In the end it all depends on the upcoming news and how they will do the finacing (a question mark still remains as we do not knwo how dillutive it'll be) to become a producer. Currently it all looks like the rocket is starting soon, but "it looks like" is not really something precise.
This share has currently a lot of support, it seems that nobody is willing to take the profit right now, but it all can change within one single day.
I think the chances are 50/50 for a double/tripple in the next few months, but hey, NEVER, again, NEVER rely on what some supid investor (like me) says (like knowsnothing used to say: what do I know), we are all hoping and expecting (and often get disappointed because WE EXPECT).
And always have in mind: Never trade with money that you cannot afford to lose!
It's your decision, do your own DD, check the reports of the company, their resources, the potential outlook, the price trend of commodities (in this case Mo) and most important: check the market trend, we are in a very delicate situation between recovery and recession, the best time for huge gains at huge risk :-)
Maybe a less speculative buy is ML (but still speculative, but for a double or triple its always speculative), and the chances for a double within 2 or 3 months are also given, but once again, do your own DD and decide what you can afford to invest.
Personally I believe this gem will fly high this year, but I'm not a professional investor nor can I predict the future, It's just my opinion.
Have fun and good luck with your investment. Regards from CH