MYG 7.64% 77.5¢ mayfield group holdings limited

Ann: Completion of royalty and project acquisitio, page-11

  1. 6,148 Posts.
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    re: Ann: Completion of royalty and project ac... After today 8 working days left (excluding 26th/27th)
    for this Cobra deal to be announced. Would cap of the last few months for MYG, perfectly.

    Volumes weak all across the board, And as Rabbit pointed out, Gold Stocks have not been a place to be this yr. 80% of them down. Should change in the future, but when is the million dollar question ?

    We all hold knowing we are worth at least 2 times the price than what we are currently at, but in everyone's mind, we are waiting for EURO or some major bank to crumble. Then the chase for liquidity will start and everything will get mauled ! Sounds 2008ish... can lightning strike twice ?

    Or are the printing press about to get turned on ?

    Unfortunately MYG is at ransom to the macro environment, otherwise, there is no way we would be 8cents PS.

    Ill be riding the lightning, and sticking through until production. We are fully underwritten, and worst case, ill buy the dip, if it comes to that.

    Ill leave you with a favourite of mine:

    'We have met the enemy and he is us' Investor POGO

    have a good w/e.




 
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77.5¢
Change
0.055(7.64%)
Mkt cap ! $70.88M
Open High Low Value Volume
73.0¢ 77.5¢ 73.0¢ $8.145K 10.66K

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No. Vol. Price($)
1 6500 78.5¢
 

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Price($) Vol. No.
79.0¢ 5567 1
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