MGK mil resources limited

gambling

  1. 863 Posts.

    If you were to have bought into MGK and thought there was anything more than a very slim chance of success, you were dreaming. Very average trench results were the only thing to base anything on.

    That's not to say the next assays won't be good. I don't know. But I do know it's a very slight percentage chance for success.

    IF the results were good, you could get a hint through price volume increase well BEFORE assays due. Why? Why do you think...

    I do it sometimes, gamble on success of first pass drilling. It doesn't often pay off. HOR was a different example yesterday. They already told us they hit Cu, we just didn't know the grades.

    But there wasn't much to go on with MGK, just the average trench grades in a very small area.

    I'm GAMBLING on GOA finding a larger deposit at the moment. I have on BUY. I have on PSP, SBL finding something impressive. Many others. It's just important to remember that it's a very small, but profitable chance of success. Don't go overboard, if I gamble, its only a small amount- like a 'just in case they hit it big get in early'. I do my research. NUP for example. Right next to RUM tenement boundary, surely would have been a continuation of mineralisation. There was. It was a great announcement. The market just wasn't impressed.

    I'm sorry to those that got caught up in the likes of Roygbiv's ramping. Where's Roygbiv the all-time MGK ramper?

    That said, could be wrong and the next assays could be good.
    Slim chance.




 
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