MAG 1.54% 6.6¢ magmatic resources limited

MAG Chart, page-322

  1. 5,705 Posts.
    lightbulb Created with Sketch. 8030
    That's a breakaway gap - unlikely to get filled.

    But who knows maybe the gap at 1.3c from 2.5 years will get filled too.

    My money is on that 22.5c gap to get filled next.

    But then again, it's all a bit like astrology with these gaps, etc. - news will determine the SP and there's a bit of it due, and we definitely need it to bring in some fresh buying - some visible gold updates will do.

    Some nice "dumping" this morning to force it down, on $20k worth of stock...and then opening up their wallets and loading up with 250k+ bids - nothing suss there.

    Cheers,

    GB.
 
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