TSXV:MXL.H - Post by User
Post by
rockingroosteron Nov 28, 2020 12:27pm
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Post# 31994629
Not sure of the future Direction for MX Gold, however ...
Not sure of the future Direction for MX Gold, however ...IMO NOW would be the time to average down.WARNING; ONLY for investors that can afford the additional risk!! Most investors ,whom have held the stock,paper loss would have been significant after the 1 to 20 reverse split.Probably around 95% down.Doubling your stock position with buys under .20 would most likely bring you down to around $1.00 and Tripling your stock position would bring it down to around $0.75 and quadrupling to around $.60.( all new buys at .20 under)
I am sure the majority of readers will think I am crazy or under MXL mind control, however this post is simply to encourage interest.
IMO something has to happening behind the scene otherwise MXL would have shut down already.glta