$MEI:ASX - METEORIC RESOURCES - 230% gain in 3 months

Meteoric Resources is an iron, gold and base metal exploration company with a portfolio of projects in Western Australia and New South Wales. They have been having a nice steady run over the last 3 months and could well be worth a watch. RSI might be a little over extended so watch for a pull back.

Current demand looks strong with 156 buyers for 21,536,802 units vs 59 sellers for 11,541,884 units

Meteoric Resources NL is a mineral explorer. The Company is engaged in exploration of mineral tenements in Western Australia, Northern Territory and Spain. It holds copper-gold, iron and diamond projects in Australia, and a graphite project under application in Spain. Its projects include Webb, Barkly, Warrego North, Perseverance and Cortegana. It is engaged in exploring the kimberlite field in the Webb Diamond Joint Venture. It holds a granted exploration license (EL23764) over magnetic and gravity anomalies near the old Warrego copper-gold mine in the Tennant Creek mineral field. Its Barkly Copper-Gold Project is located approximately 30 kilometers east of the town of Tennant Creek in the Northern Territory. It holds interest in approximately nine granted mineral leases in the Perseverance Project. It has lodged an Investigation Permit application over several crystalline flake graphite occurrences in the Aracena Metamorphic Belt, Huelva province in the Cortegana Graphite Project.