Has Medallion Metals (ASX: MM8) peaked? When I last looked at them they were 40.5 cents after a big jump. Today they are at 41 cents. Yes, there was a further rise in the meantime, but what's happening?
I think investors might be sitting back and watching everything unfold here. There is the acquisition of another asset, and a final investment decision due on their gold, and I expect that to be a strong "Yes, let's mine the hell out of this."
While everyone is waiting, it could be a good time to jump in. Another strong finish to the year expected here. Make sure to do a bit of research yourself first.
On for a January check-up.
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