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Medicago Inc MDCGF



GREY:MDCGF - Post by User

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Post by Jentaion Dec 21, 2009 10:38am
393 Views
Post# 16606865

The news

The news
The news are good but not as good as expected. It has nothing to do with buy on spec sell on news like most jr resources stocks. With great results the stock would be trading over $1.00 by now.  This stock is now a HOLD.  I expect we will close in the low $.70 today. I am disappointed but realistic. I expect ,as further news are released int he new year (new partnership...phase 2....), the stock will climb back toward  the target set by Dundee $1.00. Our retirement is not for tomorrow with MDG...we will  have to wait longer. than anticipated.  I expect the weak hands and the impatient to sell in the coming days. It is not the christmas gifts we were expecting. It would be appropriate, at this time, for MDG to REANNOUNCE their intentions to reassure the investors.
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