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M3 Metals Corp. V.MLG


Primary Symbol: V.MT

M3 Metals Corp is a Canadian listed company. The company's business is to acquire, explore, and develop interests in mineral properties located in North America. Its only operating segment, being the acquisition and exploration of assets. The company's projects include Mohave Mine Gold; Aspen Gold; and Block 103 Iron Ore projects.


TSXV:MT - Post by User

Bullboard Posts
Post by str8tgoodson Nov 10, 2011 10:48am
173 Views
Post# 19226134

What's Reality?

What's Reality?dollpartz, I agree with you about the "current" big bids being in the mid-60's but that's not really reality is it?

The reality is the current price CEV is trading at, and that present support is now at 68 cents.  If this fails then 66 cents is the next support level followed by 64 and then 61 cents.  But why be so negative?

I am expecting the 68 cent level to hold, but that's not written in stone.   As 2guys pointed out, it would be best for the longer term uptrend for the price to consolidate a bit in the 70 cent range and I agree.

Those big bids can change at any time, and unless we see last minute selling, I don't think the 68 cent support will break.   At least that's what I think.  125k shares up to 80 cents. 160k down to 65 cents.  The markets are crazy, but CEV looks to have the goods, and in due time the market will reflect the underlying asset.  GLTA
Bullboard Posts