It’s funny to see panic selling without seeing why do ppl still buying?
The Co says:
. Early JORC modelling is showing a significant size of graphitic mineralisation at Namangale
.The company has continued to observe medium to high grade coarse flake graphite in numerous core samples taken in the diamond drilling
. Assay grades and metallurgical tests are being processed and are expected within a week.
Market interpret themselves that: “no grade”, “low grade” “nothing at all” and they sell, sell and sell without waiting for official report “within a week”to see true result of:
- “medium to high grade coarse flake graphite in numerous core samples” and how“significant size of graphitic mineralisation at Namangale”would be?
If the next ann is good/very good as expect then what will happen? Remember, MOZ has very large tenements with good chance of success. That is why big brokers who have certainly and carefully done a good research before they put more $ into MOZ.
This post is not my advice. Pls DYOR. I hold and wait. No pain no gain!
Good luck to panic sellers!
MOZ Price at posting:
4.2¢ Sentiment: None Disclosure: Held