MGX 3.57% 40.5¢ mount gibson iron limited

re: huntleys correction you'd have to ask yourself the folowing...

  1. 214 Posts.
    re: huntleys correction you'd have to ask yourself the folowing questions:

    when was management in huntleys ear.. last friday when reduce was placed on stock.. or just yesterday afternoon?

    was buying over the last 2 days in any way a forerunner to the retraction?

    why would it take so long for huntleys to retract?

    either way.. the real game is not any reco by huntleys or anyone else.. its who is buying .. and to what end.
    If you genuinely believe thAT Le ming is goin to throw in the towel if one director doesn't get up then you should sell any stock in play.
    Additionally you should ask yourself why strategic stakes are being taken in a co. like this in the middle of a fat tailed resource boom and why additional stakes are being taken in co.s such as rmi.

    Lastly anyone who believes the shougang magnetite sale has no furthr upside for mgx ignores the fact the only way out of the region is thru a port locked up by ..

    mgx!

    btw amazing... all the oppies disappeared again.




 
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