MGT 7.69% 28.0¢ magnetite mines limited.

Wow....MGT HC thread is in a death spiral of its own. Below 1c...

  1. 83 Posts.
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    Wow....MGT HC thread is in a death spiral of its own. Below 1c (old money) and dropping fast.The story was/is compelling but definitely getting harder to see the positive through the giant paper loss! I would like to think we haven't been fed total BS, especially the increasing of starting production tonnage due to demand from investors/potential off takers/economies of scale etc was a pretty compelling reason for me to stay the course as almost seemed like a done deal that this project was moving forward. Would be pretty disappointing if this was total BS fluff to keep interest in the project and get the consolidation through. Time will tell.

    All LTSH are asking for here is a proper update from management to give us info re investors, progress, timeline etc and not a fluff piece to show that someone else has looked at the flowsheet and likes what they see. SENTIMENT AND SP CAN TURN AROUND QUICKLY!

 
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