OTCPK:MGMXD - Post by User
Post by
materialsgirlon Jul 29, 2015 1:28pm
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Post# 23972433
The calm before the storm
The calm before the stormNewstock;
For 10 weeks now the share price has been 42.5¢ plus or minus 2.5¢
This may be the calm before the storm. Q2 results will be watched closely and we will learn updates about the two new assets under developmrnt. Most likely the conference will just conform the current schedule.
If the market can foresee a burst of cash flow then there will be a rapid burst in the AXY share price.
As energy companies get heftier (bigger) they tend to enjoy improved results due to all the benefits of scale; purchasing, interest rate costs, corp efficiencies etc
Happy days may be ahead
mat