MGO marengo mining limited

After a pretty ordinary month or so on the asx and especially...

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    After a pretty ordinary month or so on the asx and especially commodities, we may see some more volume and faith in general return to the market. The general consensus is the selling on commodities has been overdone and value will return to these stocks. Major houses and banks more bullish on commodities especially copper , stock levels dwindling in china etc. Hopefully people returning and volumes increasing, the sp drop lately has been on very small volume and still holding 30ish. Even though from the last presso DFS will prob be aug/sept now, potential should be realised soon enough imo. The tailings issue will be maybe holding some back but from what i gathered, it is next to irrelevant as there is an alternative land based tailings solution if the dstp doesnt go ahead and cost difference is negligible.
 
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