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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (12051)2/17/2008 5:53:19 PM
From: jimsioi  Read Replies (2) | Respond to of 29622
 
Tommaso, re not hearing about ML...

I am a bit surprised, as I have touted the company many times on this board over the last year; so much so I thought I'd get criticized for my pumping... I am certainly not wondering if it's about to pull back, as I bought shares on Friday, but then that might be the sign its about to...LOL.

The company's share price has risen over the last couple of years as it approaches the beginning of a significant increase in its copper production and new Moly production. This increased and new production should be coming on line right in the May-June period when we see cyclical peaks for stocks...

ML compared to PMPIX....no comparison. I wonder if PMPIX is loaded with junior gold and silver mining plays...If so it might be a good catch up candidate...

finance.yahoo.com

On this rather busy hourly chart of ML.to one can see that its just starting to break through the operative down trend line..
stockcharts.com

That ML can suffer the occasional set back is certainly true, but given a relatively benige macro picture I believe its pause is over and a new upthrust is about to begin..

We will see...