GREY:MPRXF - Post by User
Comment by
goldopportunityon Sep 17, 2014 8:13pm
218 Views
Post# 22946267
RE:RE:RE:Ouch!
RE:RE:RE:Ouch!you're exactly right, imo. This is just noise by the mms to scare the weak hands into selling. Consider that both the hui and xau are just a few points away from closing the last of the remaining up gaps. Tomorrow a.m. could very well turn out to be the time you wished you used your dry powder to buy back in.
As for mgp -- the fundamentals are still the same, and remember we're all waiting for the updated ni-101 resource estimate that's on track to be released before the end of the year. And today's cdn close virtually matches the 12 mo. low set at the end of 2013. Now there may still be a little bluster tomorrow in mega's u.s. price as there are a couple of up gaps about a quarter of a u.s. cent lower than today's u.s. close that most likely will be filled but this shouldn't affect the cdn dollar price. Jmvho.
goldopportunity