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Gabo Mining Ltd V.MDL

Medallion Resources Ltd. is focused on mid-stream separation and purification of rare earth oxides and salts (REOs) based on Ligand Assisted Displacement (LAD) Chromatography, enablement of upstream processing using the Company’s proprietary Medallion Monazite Process (MMP) technology, and marketing of magnetic REOs (neodymium, praseodymium, dysprosium, and terbium) to downstream rare earth permanent magnet producers and consumers. It has developed a process and business model for extraction of rare earth elements from monazite, which is a phosphate mineral that is a common by-product of heavy mineral sand operations. The Company holds exclusive rights to the patented LAD Chromatography rare earth element (REE) separation process developed to separate minerals from all raw material feed stocks excluding coal sources and recycled materials from manufacturing wastes and recyclates from battery and magnet sources. It is investing in the development of LAD Chromatography.


TSXV:MDL - Post by User

Bullboard Posts
Post by wahjai604on Mar 08, 2010 10:40pm
443 Views
Post# 16858937

4 Star Rating for MDL

4 Star Rating for MDLSource: https://canada.stoxline.com/q_ca.php?s=mdl.v

It looks like as of today MDL has hit 4 stars on Stoxline, with the comment made that there could be a possible upside breakout on the chart.

Source: https://stockcharts.com/c-sc/sc?s=MDL.V&p=D&yr=0&mn=3&dy=0&i=t80653709885&r=1586

Based on the stock chart for MDL, it seems that we're about to hit the upper levels of the RSI indicator and the MACD shows a nice uptick between the two lines. Bollinger Bands shows that we've already exceeded the top band so there may be a tendency for a some selling tomorrow or later this week to maintain the stock in that range, there may be also some selling soon so the RSI indicator will not go too high, investors will probably be tempted to reap some profits off today's nice uptick.

I wonder what tomorrow will hold for MDL.

Cheers!
WahJai604
Bullboard Posts