Looks like the rout up to 5c as I thought wouldn't last. Only wish I had sold out more (in hindsight).. looks like no news yet again. So with my crystal ball I see:
1) More 'potential' announcements regarding our iron ore project - nothing delivered, more 'we will do this'
2) Still looking for financing
3) A downward share price.
Easiest 3 predictions I've made in awhile.
lol doesn't help that the Price of gold is still languishing despite the US woes, which one woudl think would ahev driven the price up given the potential for further stimulus and the lifting of the debt ceiling further debasing the currency etc etc.
MYG Price at posting:
3.2¢ Sentiment: None Disclosure: Held
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