pathetic australian investors, page-7

So there it is a little bit of support at 40c, last trade 38c...The market is quite ripe with strong movers throughout the sector, so investors tend be be a bit impatient...but I do agree with the general sentiment
of this thread...That there is good long term value on MGO and that they have good leadership, and that Australian sentiment regarding PNG may not mirror
sentiment elsewhere in the world such as London
and Canada.

With regards to copper the futures indicate the predicted market, its a valuable commodity and is
not generally felt to be as overvalued as the current
nickel price high.

Its a well marketed stock, with good resources, and
I personally have a strong belief that the management
will make this a reality...but I also accept the fickle
nature of the stock market, so will continue to sell
out of the stock and buy in at the best times I can
predict.....this will always be the case....we see areas
of underlying support for price....then resistance on the
highs....and that does not necessarily track the value
of the stock in the shorter term...