As a someone who held Echo Resources through the shenanigans that preceded the TO bid by NST, I can tell you I'm sanguine about any shop downward move to the 50s. I will be there waiting to buy.
I have noticed that sharp drops in price often precede corporate action. Hardly surprising. The big boys understand your psychology better than you do.
The gold is in the ground. Not going away, regardless of what the share price does.
MGV Price at posting:
61.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.