GREY:MGXMF - Post by User
Comment by
nico314on Dec 01, 2016 8:17am
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RE:RE:NEW 52 WEEK HIGH!
RE:RE:NEW 52 WEEK HIGH!Thanks wilwal! You could be right that it could still run today. I might just buy in at ask and have some bid at lower price just in case it dips. GLTA!
wilwal wrote: This activity is almost certainly being driven from the London Mines and Money show promo work on lithium. Whatever they are telling investors over there, it's working.
The show is over Thursday night Dec 1st, so it coud run a bit more yet tomorrow. This is peanuts for those guys over there to throw in a few bucks for something that has the possibility of being a multi $ stock if the lithium technology works economically.
Regardless of the lithium hot air, we will soon know if this company is going to have a solid base of cash flow from magnesium at Driftwood. With good economics on the magnesium, this company is still not overvalued no matter what happens on the lithium end.