RE: RE: RE: RE: 4 millions tons of gold on propertThere doesn't appear to have been any accumulation prior to today. Insiders jointly hold around 600,000 shares of this altogether (per sedi) and per TMX money, no insider trades today. Whoever bought this, evidently didn't for a day flip. Most of the volume was at 3.5- to 4.5 cents. no one really selling except for small amounts..and the bids were still stacked as of the mkt close.
Judging from the chart, (if you can say that this applies here) the long term neckline resistance was hit today (.06) it broke through all daily MA's and traded past its 200 week MA. Today formed a long white candlestick, albeit the wick..
if MML trades above .06, then next resistance levels looks like .08, .10 &.12.. With the thin asks, and this market right now, i've seen stranger things..