I realize Cygnet have been burnt too – all a matter of market timing when it comes to junior explorers. All im staying is that they have a much better hit rate at picking five and baggers than the average punter so you’ll do better following them in on investments than throwing darts at spec resource stocks.
BGS at 0.5c was a great example of that. Now with BGS at 3.5c who knows - the easy gains have been had. I get the sense that MNE on its lows after a re-cap by Cygnet may represent a better risk/reward tradeoff.
MNE Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
