short term trading - week stating 16th apr, page-42

  1. 7,738 Posts.
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    MGY is an interesting one.
    If the word Graphite means anything.
    It has plenty of substance.
    MC $10m.
    Over $2m in cash.
    Vanadium/Graphite JV with Canadian Energizer resources.
    7.5m shares in Energizer Resources valued @ $2.5m.
    Other significant assets prospective of Copper/Gold/Nickel.
    Generating modest revenues from Quarrying operations of around $600ks.
    Technically "solid"...A retrace to 0.06 offers an attractive position.
 
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