So many people here lacking conviction.
This stock was picked for a reason, that reason hasn't changed (only the price has). If you believe MGV has solid foundation to continue to grow the resource and either go to production or get taken over then stick fat and don't stress about this retrace. I'm fortunate that this is my only stock in double digit loss at present, and it represents 6% of my holdings in total so I'm just going to sit tight, watch the resource grow over time and then not have to worry about missing out when she fires back up.
I would expect that most that have sold at losses are either those who were in here for the short term, or those who think they can make more money elsewhere.
I'm long term, therefore I hold.
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