I'm a little puzzled as to the question about the price being capped. From where I sit, we are witnessing a steady build up in the share price in anticipation that MYG could be the real deal.
Evidence?
1)Volume building. We have been used to up to a 1 million shares traded on a good day, yesterday was over 3 million, today over 5 million
2) Closed at or near its highs on Friday, same again yesterday and today it's 11c as I write this, with the day nearly done
3) Bollinger Bands have sprayed wide open, with the stock trading near the top band
4) Parabolic giving a buy signal
5) Waiting in the wings (we think/hope)is the finance approval and resource upgrade. Production getting closer
6) Market sentiment towards Juniors is improving
For those of us who bought at 6 and 7 (or even those who bought last year at 4 and 5), this present run is anything but capping.
Wait, wait, always wait. Let the company do its job
Bob
MYG Price at posting:
10.3¢ Sentiment: Hold Disclosure: Held
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