RE: MTR the place to be19 May 2021 14:48
To put things in perspective....
At the end of April the bid price was 19.5p. The recent gains took it to a high of 33.5 (may have gone higher but I don't recall it doing so), and that's a gain of 72%. The bid as I type this is 30.5. a drop of 9%. Any doom mongers must be quite disappointed! After a rise of over 70% in 2 weeks or so , we have a slight reversal, but no more than you would expect in the circumstances.
Sprott's profit taking, and I'm sure that's all it is, has actually been quite telling in that it has proven the resilience of the SP. It doesn't look like there's been any widespread loss of confidence since yesterday's announcement which can only be a good thing moving forward especially for potential new investors and the list of positives that H posted not long ago is still as relevant as when he posted it
I'm sure Fiercey's 38-41p isn't far off!