That's what I have been thinking, just managed to clear some funds so contemplating a wee top up. Pretty sure I wont regret in the longterm but this is very close to my average and maybe its time to put some eggs in a different basket!! Decisions decisions!
My gut feeling is the drop would have come with the announcement, and not on on the actual day of placement. The market seems to have accepted that this was another positive staging point in the road, as there is now no doubts about funding our position upto the point when will value will be realised
I don't see that happening Bushy. The important thing is we're now much better funded and the upside is there for all to see. I think Mariana having funds all the way through to the PEA has investors licking their lips, judging from the 10k plus buys coming in. They wouldn't be doing that if the sp were going to be automatically dropped down over the next week.
Maybe a dumb question but hey if you don't ask! What are peoples thoughts on what will happen to the price on the 4th May when the new Private Placement share are take up. As the price agreed is 1.82 will the market take a chance to drop back down below the 2p to the placement price or potentially as we now have funding then no impact on the price?
I hope everyone here is enjoying the turn in gold. I just wanted to say a few words about market bottoms. Clearly things are turning in our favour. Gold stocks on some days are exploding 20-30% with no warning. It is prudent to be very patient with an explorer/developer like MARL. It is normal that the producers outperform to start with and then later it trickles down to the stories like MARL which ultimately have more upside potential. I really think we will be up around the 8p mark by year end but I am prepared to wait 2 yrs for that. These markets do a good job of wearing people out but it´s important to stick with it because pay day is coming. Once we get an impulsive move up it´s also important not to sell out and take profits. This is a second stage after the basing stage of a stock. We could see several impulses up and thats the time to really hang tight to your shares. Good luck to everyone invested.
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