MGO 0.00% 14.0¢ marengo mining limited

Ann: Quarterly Activities Report to 31 March 2012, page-26

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  1. 8,443 Posts.
    lightbulb Created with Sketch. 175
    re: Ann: Quarterly Activities Report to 31 Ma... Put it this way, those big boys that just spent $30 million between them and bought shares at 25 cents did so because they know whats coming.

    The resource upgrade and DFS must be looking pretty good for them to commit another $30 million.

    It wont be at these levels for long, they will want to get it back about there 25 cents buy price and it would take much to do it either.

    A few hundred thousand and it will be back to high 20's.
 
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