MGT 0.00% 38.5¢ magnetite mines limited.

Yep , Iron ore will be decimated in coming months Read the play...

  1. 3,105 Posts.
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    Yep , Iron ore will be decimated in coming months
    Read the play of what is really happening
    Like I said the cycle is against Iron Ore stocks
    FMG got spanked an so will the others
    MGT no exception
    URANIUM is on the move
    I have made the switch

    unfortunately long term in Iron Ore is not a good option

    That big Red Candle stick of the sell off was a concern , but proved never the less
    MGT has a long way to go to get back to that 10cps level, maybe in a couple of years

    longterm holders good luck
 
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