RE:RE:Comparablesthose investors made the money before they invested...who do you think shorted it so heavily?
then they take the profits and invest it back in it with all kinds of options where they will cash in again...
There is over 400 mill now available to unload...and these companies will unload just when you think the SP is on it's way up. They are not here for the gold, they are here to make a quick %
It will be a long frustrating stock that will never get anywhere, at most will get to $1.00 but even that is high and it wouldn't last very long as the "investors" do have 400 mill to unload and who knows what kind of options they get with it
with 800 mill outstanding this will never get to $3.00 not next March and not the March after...a consolidation will get you to $3 or a huge Gold price increase, it would have to be crazy increase and it is possible if they stop manipulating
rvirdi6394 wrote: This is what I think. Magino is huge and all these institutional investors with the help of AR management systematically released news at least 3 times to manipulate the share price from around $4 to $.57. Now they are in at $.45 big time, we should soon start to see reversal. Once the offering is closed, they will start to release the good news. We should be over $3 by March 2023 when Magino is up and running. We can take the offering as a positive as why would the institutions invest over $400M US if they didn't see value here. IMO.