Post by
GeneralLabour on Mar 07, 2012 4:44pm
Share price in trouble?
It dont beleive that it is in trouble in the LR, currently due to the massive dilution which came at the price of a lot of investors. We do have very mineable land, the problem now is finalizing the picture.
Compared to many other mining juniors MGP is doing great in terms of ozs and g/t. It has also proven to be very transparent, along with this we have a great deal of institutional investment. To me personally MGP looks like the new GCU before it reached $2. However the fact that MGP has also proven to be a dilution trap is another issue which is very damaging to our SP.