MGO 0.00% 14.0¢ marengo mining limited

optimism, page-5

  1. 2,196 Posts.
    Hey guys, held this last year had to sell to cut losses unfortunately but do very much believe in the story which seems to be getting closer to reality lately.Soverign risk was my greatest concern.

    24-25c level has become crucial, not being breached since 7/11 so a close above 25c with volume highest in previous few trading days is what i'm looking for for a re-entry.Looks like the SM are building towards this, imo, as selling has really dropped off since the last higher volume push.Looking good to me in the ST, imo if can get the 25c barrier broken, LT shouldn't really matter with the size of the deposit being the most important factor.

    Good luck
 
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