I feel a bit sorry for MGK as there have been SFA posts about...

I feel a bit sorry for MGK as there have been SFA posts about the company after the latest announcements ...and it does seem they are moving in the right direction to create shareholders wealth (finally) with the potentially massive iron sands resource.

If the underwriters were keeping the SP down, then would then have a bonanza to buy at 1c, followed by a probably re-rating upwards when they have finished.


Just putting it out there ....what does anyone else thing?
Could be time to snap up the 1c shares and see how deep the pockets are.

Cheers,

sirjohnnyboy ...my ramblings are all my humble opinion, please DYOR.

spj377645 at yahoo.com.au

GBZOA GGPO MGK