MGO marengo mining limited

15% difference btn mgo on asx and tmg

  1. 1,137 Posts.
    I'm confused. Marengo goes up oer 4% on the Toronto Stock exchange last night and then manages to fall oer 7% on the ASX. It is now trading at 37c on the TMX and only 32c on the ASX, a difference of approx. 15%.

    I will be curious as to what happens on the TMX tonight as they will hae plenty of time to digest the quarterly actiity report.

    I had a quick read of the report and it offers little insight as to when the DFS will be announced (unless I missed something).

    MGO seems to be a great stock but the announcement of the DFS hoepfully will add some stability to the price.

    Does anyone have any thoughts on the activity report. Anything in it that stood out to anyone??

    I hold MGO, TXN (another great stock that got belted today), SXT, NXT and CTD (which amazingly went against the tide and went up a bit.). DYOR
 
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