MGT 0.00% 30.5¢ magnetite mines limited.

Mate, most of us knew that this is a long-play and that the...

  1. 1,291 Posts.
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    Mate, most of us knew that this is a long-play and that the fundamentals have not changed.

    I think a lot of people got caught up in the hype thinking that they could make a quick by buck flipping coin on a spike post-PFS and got caught with their pants down. I think many also genuinely bought in on the story hoping to LT hold. It takes all sorts.

    I have to admit that I sold down on the way down to protect my initial investment. Thankfully, I still have a few million shares free carried now and 250k OD's that I bought for 500 bucks. I'm lucky.

    I still believe in the MGT story and in management, but fk they better get their skates on to get those OD's in the money for the sake of company coffers.


 
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