MGT 1.89% 26.0¢ magnetite mines limited.

MGT $$$ and fast!

  1. 67 Posts.
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    I've come to the conclusion that a large number of HC users are simply here for short term fast earnings. the opinions and often misleading posts by these users seems to be damaging the confidence of many long term SH.

    to ease the nerves and fear of all you here who are feeling uncertain after the last days trading I want you to all consider a few simple facts that strongly suggest success in the not too distant future for all current magnetite holders. If you are chasing short term gains I don't believe this stock is for you, I don't believe in $$$ fast.

    3 logical reasons why to hold and continue purchasing at current bargain price IMO.

    - Growing worldwide demand for Iron ore- specifically GREEN iron ore. where there is demand there MUST be supply!

    - we have 400BT OF HIGH GRADE and GREEN iron ore! the company owns this resource, wether we mine it soon or later, a resource of this size is going to be snapped up to meet worldwide needs.

    - PFS results coming out soon, heads price will increase and when it does the sky is the limit, conservatively we should see a consistent SP trading around upward of 10c before the end of the year. If things go well we should see upward of 20c.


    DYOR everyone and keep the head high in these last few tough days, we held up against some pretty tough days and kept our base in the mid 2s. Upwards from here

    GLTAH
    Last edited by Jxmez: 25/02/21
 
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Last
26.0¢
Change
-0.005(1.89%)
Mkt cap ! $25.59M
Open High Low Value Volume
28.0¢ 28.0¢ 26.0¢ $39.82K 152.0K

Buyers (Bids)

No. Vol. Price($)
6 26773 26.0¢
 

Sellers (Offers)

Price($) Vol. No.
27.5¢ 7500 1
View Market Depth
Last trade - 15.58pm 26/04/2024 (20 minute delay) ?
Last
26.0¢
  Change
-0.005 ( 5.45 %)
Open High Low Volume
27.5¢ 28.0¢ 26.0¢ 17311
Last updated 15.58pm 26/04/2024 ?
MGT (ASX) Chart
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