RE:Key Takeaways From Closing of Lake Maitland Deal...
Someone at National Bank Financial Inc sold me shares @ $.065 this morning. (-: I have been slowly accumulating and I believe we are going to profit very nicely when this all plays out, and U prices make the turn. Patience is key..
Remember when Rockgate Capital had that mutual fund unload millions of their shares into the market in the first half of August driving the stock price to as low 10.5 cents...those of us knowing that they had over $20 million in the bank, bought up those shares mercifully, and have since doubled our money. I believe that MGA is !!!!ALMOST!!!! presenting us with another one of those opportunities.
The 12 month escrow is the risk. However, as GUNNS has pointed out in his previous excellent analysis of MGA, we can see the price of Toro drop 50% in the next 12months and that asset alone would still be worth what the sharprice of MGA is now, excluding all of our other assets.
Cheers