Nice build on this one. Technically money flow and price levels set it up for a nice run. Ponton Uranium Project in WA.
$20M MC, $4M or about 6 1/4s of cash.
MHC looks very constructive and Bullish. There is good volume coming in and the price action looks good. It is a Uranium stock and I expect price to follow through to the upside reaching my targets. My TP1 is 0.018 (potential 24% gain) and TP 2 (poential 48% gain). Lets see how it develops!
Please note these are my own notes, by no means trading advice. Please do...
Manhattan believes they have early-mover advantage in an emerging high-grade gold district in northern NSW that holds a multi-million-ounce gold discovery potential similar to those of the Victorian goldfields. Price seems to be heading back up in the right direction. Could be worth a look.
