GREY:MPRXF - Post by User
Comment by
abbemanon May 23, 2011 7:42am
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Post# 18613777
RE: I think mega goes down this week
RE: I think mega goes down this weekLol that's what you see acegolfer.. Maybe you should spend more time on the golf course than on the market then.. No offense but your post is obviously words from a shorter or a person that just left a position waiting to get in again. I'm not gonna help you to gain from a fall in MGP share price. One thing is for sure - if I will experience MGP stock price below 0.20 without any catastrophical news from the company, I would likely sell everything but MGP and increase my position to all-in.
A confident and serious management with a couple of different staged projects with significant potential, a perfect market sentiment for gold exploration, a considerable insider ownership (look at Sheldon and Pinetree for instance), obviously triggers in the coming months, good cash position with PP at 0.80 - that is what I see, but could be wrong :)