MGX plans to merge or consolidate/ JV might be behind AGO rise. MGX's trading patterns on Friday were similar to AGO but with an opening lag to AGO, did not have the volume of AGO & did not have the intraday pullbacks. Might just indicate more shorters in AGO than MGX but it made me also consider a JV or merger may be on the cards for MGX/AGO. As in MGX would be happy with AGO's SP rise (& it's own), would have no disclosure req's (beyond usual insider probes) & have cash to take to the deal?
FMG Price at posting:
$2.83 Sentiment: Sell Disclosure: Not Held
BCI Price at posting:
62.0¢ Sentiment: Hold Disclosure: Not Held
MGX Price at posting:
28.0¢ Sentiment: Hold Disclosure: Not Held
ARI Price at posting:
23.0¢ Sentiment: Hold Disclosure: Not Held
AGO Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held
