Mega Precious Metals Inc MPRXF

RE:RE:RE:MGP.V when will this gold stock have a break out

[goldopportunity]

Consider these positives newbie2099: 
- We double-bottomed at C$0.105 this week.  
- These last few days we've had surface bids at C$0.105 that went unfilled.
- This afternoon we actually had a surface bid/ask of C$0.105/C$0.120 for a short time.
- Today TD Securities accounted for more than 60% of the day's volume on the buy side.  

Imo, the turning point for mgp was Thursday's very low volume of only 22.2K, followed by today's higher volume and confirmation of Thursday's low of C$0.110 (and that it wasn't breached).  We also traded in a very narrow half-cent range both Thursday and today.  

So what happens next?  Well, I suspect early next week we'll test C$0.115, pass it and break thru C$0.120 soon after.  We may even gap-up to C$0.120 at the open on Monday (who knows!).  I'm saying that to impress upon you that Thursday's and Friday's trade action reminds me of a spring that has been pressed down and is ready to be released.  We'll see what happens.   Jmvho.

p.s. don't forget the updated NI 43-101 that mgp expects to release during Q3.



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