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Are these good results?
AIM should be labelled Absolute Irrational Market
Why is this not back at 6p?
Excellent results from MILA. This shot up to 6p+ when results released on April 25th, how has it moved down today???
Great long term hold ...slip some more in the isa as and when ..Sipp too...
20p plus in 3 or 4 yrs when the market sentiment has changed and the mine next door wants Mila Pay dirt...
I bought most of mine sub 2.5p so this is just part of the game... cycle
Good news is not many liquid shares so can easily spin on a six pence
Never really traded stock...end game where the big dollar is if you plan to let it run its course....investor like :))
ATB
Depends if you a short term trader or here for the end game I guess?
Mark Stephenson writes "Armed with some very impressive results from our Stage 1 drilling, Mila will shortly be embarking on our fully funded Stage 2 and Stage 3 campaigns with the knowledge that the Coffey Deposit bears all of the geological signatures of a major new mineralised system."
Thumbs up to that.
Plenty more rolling news to follow.
I'm not sure what other catalyst there will be for the share-price in the near-term, if this RNS hasn't ignited a jump.
This dip shouldn't last long.
Few selling on liquidity.
Buyers will come back when the few sellers have dried up. IMHO
very positive results - hopefully some decent volume today
I did see a report that stated that production of gold world wide is due to fall over the next two years. If that is correct, then this is a good punt for lth.
Gold mining is not a short term trade, imho, so good luck all lth.
Rightly or wrongly - I just keep buying small amounts! AIM is a casino and you have to have the stomach to hold fast when everyone is selling and sell when everyone is buying. That's the name of the game!
Let's see what the remaining assay results show and more widely hint at. And let's see after the second phase of drilling, what plans the BoD moot for the company post-JORC.
At lower Bolinger Band and bottom oversold at Indicator Stochastic
Chart with comment ... https://uk.advfn.com/p.php?pid=chartscreenshot&u=nxNdtBLgZOWznxJuJEwqxXzn1xYuby89N22us48ASjY=
Strong buying this morning, looking at a bounce back, as the Level 2 is moving on a positive way.
spread 4.20 v 4.30p
a very narrow spread
Preparation of new drill sites is underway.
Can’t wait for the stream of results over the coming months. I have been buying away over the past week.
Always got the feeling it wasn't a Covid issue just an every man and his dog is exploring in W. Australia so all the labs are booked up issue.
Delays in assays due to covid impact, people have to stay away for a week before they can come back to work, it just takes as long as it take, visually we know cores look a la Bellevue.
We should see Phase 2 drilling activity commence in early July.
Desmond, was there any discussion on BOD's strategy and preferred options for the resource once proved-up?
News can come in any time now
2 weeks delay is not factual as I have read earlier as that was based on another poster on here earlier the week.
Anyway I'm happy to have averaged down and yes, need can come in any time
'Late', '2 weeks Delay' - err based on what exactly? Did the company announce a date when the assays would be released?
The poster made it up. Someone mentioned oh be two weeks that was Tuesday. So less than two weeks but again never verified.
They’ve got the assays they just don’t have to announce yet as main market = no nomad. I think Bellevue are getting involved and they’re waiting on that.
SP may just drip down as no news for 2 weeks
So we are looking at another 2 weeks for the Assay results to show up
The Assays are already late
I'm expecting more selling as traders exit for other short term opportunities out there and come back in a before 2 weeks are up