GREY:MLKKF - Post by User
Post by
galenaon Mar 17, 2013 12:38am
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Post# 21141400
All mining shares are in the doldrums
All mining shares are in the doldrums You must wait it out. ML will probably go a little lower yet. With the 20th rolling around I would think more selling coming. It is selling at about the same price as back in spring of 2009. I said earlier I thought it would maybe go to $2.00 this spring (when it was .39-.40 range) but I feel ML has some problems to iron out and until the money returns to the share mining sector I will keep my eye on it. It looks like the brokerage traders are making all the money on the movement with the naked short selling being done and this is never reported because it would be in your interest to know it and the market is regulated for the retailer to lose money.
Interesting read at MNM for some.
Oh and I think NCU may still go lower.
TMV may be interesting to some. (Calgary oilman)
In my humble opinion take this for garbage in garbage out.