Guessing(and thats all it is) what the SP will be next week, the month after or 12 months does nothing to add to the intelligent discussion of this forum. I have been too long in this game to attempt such a feat, albeit I did early this year call it a 10 bagger(it will be one day) when it was at 6+ cents. Some of the major events that will cause a movement( up or down) in the share price could be as follows:-
1. Final mining approval 2. Details of banking proposals 3. Price of gold 3. Progress of mine construction 4. Further drilling announcements 5. Resource upgrades 6. General direction of gold shares 7. Broker research including institutional support 8. Other issues that I may not have thought of
So lets keep our comments to things that we do know or can control.
Cheers
MYG Price at posting:
11.3¢ Sentiment: LT Buy Disclosure: Held
