With the gold price falling and the market showing little interest in good drilling results from others this week eg. from Millenium and Breaker Resources, you would have to think there there may not be a re-rating. Will depend as always on what they have found since the drilling program resumed at the end of August. The fact that there is someone buying in the high sevens and not much selling pressure is a good sign but state of the markets suggests share price may find it difficult to top 10.0 cents on good news. I am hoping for better than that but one needs to be a realist.
MGV Price at posting:
7.9¢ Sentiment: Buy Disclosure: Held
