RE:How did this stock not make my radar ever before. That's a good question schor. My question is this: How do those who KNEW FULL WELL that a new Resource Estimate was coming feel after selling their shares in the 0.12-0.13 range, days before the new RE was released? For that matter, how was anyone selling their shares so stupidly cheap in the teens? It's a rhetorical question. Congratulations to these sellers.
ME has deservedly had a nice move higher these past two days, but given the robust numbers of the new RE, we are still hugely undervalued. Nothing goes up in a straight line, so expect some profit taking and share price consolidation before the next leg up.
It has been admittedly frustrating for ME longs, but congratulations to those who did not do something stupid and sell out way too soon.
In the meantime, let's enjoy the wonderful close to the trading week for ME. Have a great weekend everyone. I know I will.
$ 0.255 +0.055 | 27.50%Bid: 0.25 x 196000Ask: 0.255 x 57500Volume: 5,842,744