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16/01/21
20:54
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Originally posted by danhoff
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I am happy with the share price going up over 10% on no news and a falling gold price. I just point out the oddities of the ASX and leaking of news. It is fine. All us MGV holders hope(d) that the drilling will unearth more good assays. But we had to buy before the results were knowledge. We buy based on our analysis and opinion of the facts on hand. Others get this window of opportunity between the results 'existing and known (pre market)' and the announcement IN market.
Of course I can be wrong, but all the evidence shows we are about to have some good news.
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The POG appears to have bottomed and reversing direction against a negative backdrop in the global futures market IMO (see links below). MGV is undervalued if the POG appreciates from here IMO
https://goldprice.org/spot-gold.html
https://edition.cnn.com/business/markets/premarkets