Volume was rather high on a no news day. The 4m volume days have been 3 red and 3 green over the last 6 months. Looking back at the huge run up in June it does look as if there was a very high confidence level of future drill data.
Will be interesting to see if any of the founder SHs start to sell down. I suspect IGO will retain theirs for the LT as a potential building stake should MGV hit a big one.
MGV Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held