MONK has been rallying and the following three catalysts will spur further potential rallies:
1. The company’s 8000 tons of stockpiled ore means that it can begin liquidation of valuable mineral deposits. This is a huge catalyst for market value appreciation.
2. MONK’s excellent technical setup will only attract more and more traders. Volume levels
could potentially shoot past prevailing numbers.
3. Strong trading looks poised to continue and test the play’s 52-week high of $1.28. This high- value potential will act as a calling card for traders.