Agree @eastwest101 . Definite reversal of the previous 6 month trend. Has been occurring now over the last few weeks. Seems the market is happy to accumulate and doesn't mind the upward swing as a result. Maybe there has finally been recognition of the undervalued status of MGV, perhaps some are positioning for a M/A move or possibly there is strong evidence on the ground that they are continuing to hit grades with every drill. In reality, and more likely, the recent buying is a result of a combination of all 3. Just hoping we can get closer to $1 number before any TO is announced.
MGV Price at posting:
41.0¢ Sentiment: Hold Disclosure: Held