Ann: Magmatic Resources raises $2.2m, page-61

Hey Suiro, sounds like we are both in a similar position.

To be honest I don't have a definite target price in my mind. However, there are a couple of share price levels that I will be watching closely. Initially I wouldn't be surprised to see MAG test the 13c level. If it falls through that it may test the 10-10.5c level. Like I said, I don't have a fixed target price in mind to start purchasing parcels, it may be one to average down if it falls through the first purchase level. Hard to say but I'll be watching closely the pattern of trading. Of course any good announcements could see it run again but I'll take a calculated chance on that.

Be interested to hear your thoughts on target prices?

These are my thoughts only ..... please DYOR