For whatever reason, a lot of resource stocks have been taking a beating. The fall in POG seems to have had a flow-on effect to other stocks, especially resource stocks. Other nickel explorers are suffering... despite the fundamentals of each company being unchanged.
A change in broader market sentiment will result in those who have sold this week kicking themselves. Nothing has changed regarding the huge potential here in LEG and with the diamond drilling results anytime now. So, why all the grizzling? Its hardly management's fault that the market is taking a breather and a few weak holders get impatient.
We know Mawson has massive sulphide intercepts and its simply a case of awaiting the assay results as to whether the team has adequately identified the source of those sulphides! A lot of groundwork has literally been done to narrow done the location of the source. Now is a time to hold firm, IMO.
LEG Price at posting:
13.0¢ Sentiment: Hold Disclosure: Held
