I suppose we grit our teeth and say it's a sale, I topped up at 2.34, but am not a happy bunny! Bring on the assays and London listing.. And mtr's em data. Lots to come hopefully this month. Who would sell now!!?!
Metal Tiger (LON:MTR) initiated by VSA Capital at "buy." GBX 5.68 ($0.07) price target.
Metal Tiger (LON:MTR)'s price target was raised by Dowgate Capital from GBX 10.40 ($0.14) to GBX 13 ($0.17). "buy" rating.
Unless we get a big buy v late, it looks to me like the buyer has filled his socks, so we might find out who it is tomorrow if they've crossed any thresholds. Just a thought, they may just be having a day off too!
The reason why "smart" money got into uranium 3/4/5 years too soon was because of reserves in the supply ( they misjudged this). With copper the turn around is faster, there's not the potential for vast stockpiling, although it could be a small factor. It occurred in uranium as it was costing about £60 a lb to extract, then selling for £24!! Not the obvious case with copper.