hi GBcurious to know your avg buy-in for MAG? if you don't...

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The.Accountant

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11/09/20

22:27

Post #: 47283644
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Originally posted by Green Bull: ↑

Terrible weather made them abandon 4 holes (more than a few other companies in the same area with same issues).

It's their first RC campaign with the knowledge they have.

Company-makers/500m intersections of gold/copper don't come from RC holes.

They drilled one DD hole and it was pretty much the same as ALK's first Boda hole.

Current RC results, which most on HC think are bad, are better than most Diamond-holes at ALK's Boda, post-Boda discovery, up to the same depth/as far as RC goes.

Current RC results are comparable/better than the highest-grade deposit at Cadia Valley (Ridgeway) initial RC results.

Second DD hole is now complete and waiting on assay results.

Third DD hole currently being drilled.

Plenty more DD holes to be drilled.

All we need is ONE DD hole to hit 300m+ and we're into the $1+ share price range.

But not many want to buy it when it's red (even though the potential) but all love to buy it post-discovery/confirmation at many multiples - go figure.

My recent holds that this has happened on:

PDI - bought at ~0.8c and then went to 12c and everyone couldn't get enough of it but no one wanted it at 0.8c.

ARD - bought at ~1.2c and then went to 7c+ and people are still buying it up but not many wanted it in the low 1c's.

LCL - bought low 4c, exploded yesterday and up again today to 19c - not many wanted it in the 4c (or even below that not long before).

Anyway, see how it goes shortly but just ONE DD hole is all it takes and this will rocket past $1 (and we've only got results for 1 DD hole so far, ever).

I've said it a lot of times, I've done the DD, I've bought, I'm holding and letting it play out: discovery confirmation next (from ONE good DD hole) and then the story will unfold and grow and everyone will be Mr Hindsight.

DD hole results next (potential company-makers).

Anyway, food for thought, and each to their own.

Cheers,

GB.

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hi GB

curious to know your avg buy-in for MAG? if you don't mind sharing

MAG Price at posting: 17.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 5.3¢		Change -0.001(1.85%)		Mkt cap ! $22.10M

Open	High	Low	Value	Volume
5.4¢	5.4¢	5.0¢	$17.11K	326.1K

Buyers (Bids)

No.	Vol.	Price($)
1	200000	5.2¢

Sellers (Offers)

Price($)	Vol.	No.
5.7¢	399195	1

View Market Depth

No.	Vol.	Price($)
1	200000	0.052
1	10196	0.051
7	551835	0.050
2	100000	0.049
3	61833	0.048

Price($)	Vol.	No.
0.057	399195	1
0.059	16960	1
0.060	99657	2
0.064	10500	1
0.065	50000	1

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