MMB 0.00% 65.0¢ magma metals limited

will she canter or trot, page-5

  1. 15,276 Posts.
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    macrae12...

    Very disappointing here.

    I have been watching closely for signs of net buying...the old sell two buy three trick...but sadly it does not look that way.

    Has been a leaky boat before...so hopes not up for a good hole 6...which should have well and truly been "sighted" by now, suggesting the lack of buying is perhaps a concern.

    Of course, they may be extra-smart cookies here and disguising the play better than most...but I fear this is hope based on little more than hope.

    Will sell the last of my shares if hole 6 is a dud...but if it is not, then current prices are way too cheap.

    In fact, even with just the Northern results...and of course their other interests, I feel their current share price is way too cheap...but in the short term, the market cares only for immediate drilling results.

    Cheers!
 
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