MGT 0.00% 28.5¢ magnetite mines limited.

The price isn't looking god or the resource isn't looking good...

  1. 105 Posts.
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    The price isn't looking god or the resource isn't looking good ?

    My take is they have been ultra conservative in the PFS with a no bullshit bottom line and not selling the extensive potential and the market has picked up on that.

    Most were looking for a mind-blowing PFS that would push the SP >10c and now that it hasn't been a sales document but one of facts they are walking out the door.

    p.s CAP also hasn't blinded the market this month either so horses for courses. Im here to see production so whilst being immediately disappointed I can see the massive potential and will hold.

 
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