I think it will continue to drop until:- An announcement on IO...

I think it will continue to drop until:
- An announcement on IO prices
- An announcement on positive drilling (and not a Big K spin!!!)
- The Options expire.

Regardless. Good things come to those that wait!!!

MXR shouldn't be your retirement fund so don't trade it like it could be. The only reason the SP is dropping is because people bought into MXR expecting an FMS explosion and nothing has happened. Funny ole thing the weak always end up selling to the strong. You make your profits on the purchase and not the sale.

MXR will take time. Sit back and relax and if you have the funds available there should be some bargin prices in the next week. It should touch 16.5 IMO.

DYOR