Some talk on other posts that escrow release shares responsible for the drop in price. Escrow shares from SLR will not be released for another 3 more days, and Silver Lake are more likely to take this company over one day than sell their shares.
Price drop more likely the result of bad gold sentiment, and stops being triggered
Its now in a very strong support zone with buyers acknowledging more drilling results are on the way, and they wouldn't be too far off an announcement earning the first 60% of the project based on expenditure commitments, and still very cashed up.
Low shares on issue should see this move rather fast again
MGV Price at posting:
6.7¢ Sentiment: Buy Disclosure: Held
