MGX -> 19 bid -> breakout?, page-112

Good luck with it Auto. Sounds to me that you are on a good thing, with good timing. We all have our own views and opinions and differing investment positions with all our stocks.

I've been in Mgx for almost 2 years, so i've been averaging down with the fall in the sp.

I was, and i did do some rough calc's on Mgx, before coming to my posted position. I came up with $5-6mil net cash increase for this quarter. However, the real question for all Mgx investors is, what are they going to do with their cash, and when?

Until this question is answered, at least to some extent, the sp will simply drift along within a tight range, essentially following the rise & fall in the io and aud prices.

The good thing for holders is that, as i have posted before, there is far more upside than downside potential for Mgx - its just that we shall all need patience until there is a announcement about KI, or an acquisition, which are the two main catalysts for a sp increase.

GLTAH.