Unfortunately this has been the way with MGV over the past years.
They drill and get results, raise at the wrong time with new sophisticated investors.
The SP is held up by the institution doing the raising. Musgrave releases excellent results. The insto and the sophisticateds then dump stock in to the announcements. The existing holders are left to carry the bag with no momentum left.
Rinse, cycle dump......
Ann: New High-Grade Gold Discovery at Louise, page-6
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