Good charts but i think management here have done a remarkable job and probably aren't too fussed by any short term drop, in saying that - Market cap of $330m and only $9m cash on hand i think it would be wise for them to do a cash raise before the price falls any further to put a floor on the drop, Large cup and handle playing out on the gold weekly which shows a drop back to $1600 area possible so make hay while the sun shines and all that.
MGV Price at posting:
68.0¢ Sentiment: Buy Disclosure: Held
