GREY:MPRXF - Post by User
Post by
hope21on Jul 26, 2011 8:34pm
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Post# 18876236
Present Market Value of MGP
Present Market Value of MGPDoes it make any sense ? The answer is NO.
Why is market price of MEGA shares constantly going down on small volume ?
Small quantities but always high percentage of the decline after a major move.
The answer is simple the market has NO clue as what this play is really worth.
Is this constant dumping partly caused by the negative publicity that Mega's is getting from Peter Schiff and his lost followers possibly.
If not than why are people selling under some pressure to constantly force the price down.Is it profit taking? possibly.
Hard to understand but one thing for sure it means nothing at all this temporary selling pressure.
At the end of the day this play will have over 3 + million ounces of gold and I am sure this will eventually get the market real attention very soon so this little frustrating set backs that is hurting us all is only for very short term.