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Bullboard - Stock Discussion Forum MegumaGold Corp NSAUF

MegumaGold Corp. is a Canada-based junior gold exploration company. The Company is engaged in the business of acquiring, exploring, and developing natural resource properties, with a focus on precious metal properties located in Canada. The Company’s projects include Meguma Project, Osprey Projects - Goldenville Project, Osprey Projects - Caribou Project, Osprey Projects - Leipsigate Project... see more

GREY:NSAUF - Post Discussion

MegumaGold Corp > Stagnation
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Post by YegJeeber on Feb 19, 2021 2:17pm

Stagnation

I keep checking back to see what's happening, as I sold my Osprey holdings before the merger...thankfully! Hope you all make something out of this eventually - Atlantic Gold/St. Barbara success seemed ripeto replicate here. Not for a while I doubt.

If you are interested in another play, check out Silver Tiger Metals, a Halifax based junior silver play in Mexico. VERY interesting and high potential in the old El Tigre mine of yesteryear.

Good luck all!

Comment by FutureNow on Feb 19, 2021 10:26pm
Good timing for you to leave then. Now, it just crossed 50 DMA and approaching 100 DMA at 0.11, and then that happens, it will have a mini-spike, or a major one if management announces drilling news. Also, they have 14 weeks to do work in the optioned Geneius property or they loose it, and they don't want to loose that property for sure! So a few catalysts coming pretty soon.
Comment by rdgeo44 on Feb 27, 2021 7:27pm
Hi FN what does all that mean. I don't understand  50 DMA & 100 DMA at 11 cents, please explain. Thanks & have a great weekend......rdgeo
Comment by FutureNow on Mar 01, 2021 9:45am
Hey rdgeo44, DMA is Day Moving Average, so 50 DMA and 100 DMA are technical indicators.
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