MGX 0.00% 34.0¢ mount gibson iron limited

spot sales, page-16

  1. 9,811 Posts.
    lightbulb Created with Sketch. 1243
    I felt ripped off when MGX took out Aztec for min premium and now I can receive the script for less. Hmmm, this is now is the top of my hit list.

    Who is going to fund future mine developments? Boom-bust- boom cycle too continue if no one steps up.


    So what if the iron ore price comes down 15-20% for next year, which I personally still feel is unlikely.

    The current events are so extreme that it means that the can't last too long and an increase in sanity is not far off IMO.

    MGX +$1.20 on 2 up days in arow is my call.

    Cheers
    Denial
 
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