MGY 4.35% 8.8¢ malagasy minerals limited

2010 and 2012 were different. 2010 price spike (September) came...

  1. 117 Posts.
    2010 and 2012 were different.

    2010 price spike (September) came from a drilling intercept of possible nickel and copper at their nickel project. It was based on real news from real exploration. Unfortunately, the grades came back poor with some copper but no nickel and the price came crashing down. That's the way it rolls sometimes. According to company reporting the program to test that area was not able to be completed during the 2010 season.

    2012 spike (April) was a pure pump on no news at all.

    This time who knows? They certainly aren't doing anything in the field to speak of, so whether it's a CR or a TO or something else, only time will tell. Enjoy the ride. OZ
 
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