EGR 2.17% 11.8¢ ecograf limited

Chart Setting Itself up for a Major Run....

  1. 1,615 Posts.
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    Its ironic that i remember clearly the days and months prior to Mount Gibson becoming a producer. From 2002 - 2004 the share price just bounced around the 20c level pretty much the same as KNL has been doing for the past 3 years. It was the most frustrating time as a holder having purchased in myself mid 2003 at 20c..Very much like KNL we all knew it had a great resource,great management and it was only a matter of time the rest of the market would switch on to what our own research led us to see. The manipulation and frustration of a stagnant share price in the 20c range was very much like KNL holders have been experiencing...! Like KNL , MGX was a near certainty to become a producer then the rest is history... 2005 MGX literally took off in the first quarter of 2005 and we all made 500% returns on our money within a matter of months... then went on to hit nearly $4 from memory..
    The reason why i post this is simply i honestly felt the same about investment then as i do now with KNL.. Human nature, it is easy to lose your balls and sell out on fear of the crap that gets thrown around here... Don't get me wrong, there are still risks with KNL like all investments,however what i sincerely believe is that a 2005 style MGX run is about to take place with regards to KNL and not only will KNL become a producer in 2017 but we will be an industry leader in this sector simply because Spinks has understood the Graphite Market and its not all about drilling the crap out of Planet Earth to state we have the biggest resource,but we have expanded as a company as demand has asked us too ;-)
 
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Last
11.8¢
Change
0.003(2.17%)
Mkt cap ! $54.48M
Open High Low Value Volume
12.5¢ 12.5¢ 11.5¢ $53.59K 441.5K

Buyers (Bids)

No. Vol. Price($)
11 216896 11.5¢
 

Sellers (Offers)

Price($) Vol. No.
12.5¢ 44540 2
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Last trade - 15.46pm 17/07/2024 (20 minute delay) ?
EGR (ASX) Chart
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