MFE 0.00% 1.0¢ magnetite mines limited

You're not the only one that is glued to this one Olympian......

  1. 601 Posts.
    lightbulb Created with Sketch. 8
    You're not the only one that is glued to this one Olympian... and I agree, to me it does look like institutional buying, those people who sold out when the price was in the low 20's will be kicking themselves, and I was nearly one of those lol..

    No point in a fire sale, someone wants ROY bad, and it makes me wonder how high this baby will run... I like many longterm holders are still in loss even at 27c, so it needs to go higher for me to take the bait, though my gut tells me to hold off for a month or two and wait for more news re magnetite structure (eg A+B+C as you state), either way, I'm more happier at 27c than when it was at 4 cents at the start of this year, and YES I am VERY disappointed about those crabby options that were allowed to expire, ROY is now 3 years old and too many grand plans with no real results... I like a company that does what it says it will do and for 2 years its all been puff of smoke mixed with a bit of hope, I had written off this stock and my hard earned investment but NOW I am thinking this company might actually have a future, good luck to all... don't be too eager to jump ship... I'd like to see this baby get to 40c, then I will have my finger on the sell button, no point getting too greedy!
 
watchlist Created with Sketch. Add MFE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.