MGT 2.78% 18.5¢ magnetite mines limited.

Hey dudes and dudettes.I think its dumb that people blame mgt...

  1. 3,038 Posts.
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    Hey dudes and dudettes.

    I think its dumb that people blame mgt for market sentiment.

    Iron ore sentiment and pricing has dropped dramatically on many factors, which has had a huge impact.

    the PFS was indeed positive. Still is.
    The fundamentals, long term, are looking very bright.

    Just a warning offer for others still here though.
    there will be many who will use further share price momentum to sell, and it may drastically dampen the positive outcome of produced news... NOT trying to downramp, just offering risk management perspective.
    Might be better just to hold until DFS, etc.

    I myself will be buying back in fully, next march after winter Olympics, when IO improves and China gets their ass in gear again. I strongly believe in MGT.

    Also everyone respect @BaconLover, he's got a good grasp on things

    not financial advice, IMO
 
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