the case for a buyback, page-14

As weird as this may sound , better for a stock to be going down that is being shorted than for it to be going down with no shorting as shorts essentially create for demand /buying pressure

I was buying Fxj when they were the 3rd biggest short in the market - it was 38-40 cents around Nov , and there was a stream of sellers - today its 66 , only a few monts later .

MgX is being priced on sentiment - not financial metrics - its cash position provides a huge buffer and it's EV is extreme low providing a big margin of saftety . I would prefer to see cahs stay on the books to be utilised as required - cash up resource stocks at this levle are rare - I doing in this enviroenrment then funds will be blown as MGX seem to have a measured organic growth strategy