Myself and cheapskater mentioned as well as the phase 1 and 2 being drilled shortly the extension of mineralisation was proving to extend some what impressively and so whilst drilling is being done I'm glad I'm ready the Itogon picture right with this from today's RNS ;
Drilling is expected to recommence at the Itogon project during Q4 2014, and sampling at surface is ongoing.
The mms appear to have plenty stock to sell and have dropped the bid.
in last few days I noticed that a lot of selling seems to kick in when price gets to 0.25p causing strong resistance at this level.. the selling pattern seems to suggest a single seller (chunks of 2mill ) . I do wonder whether its a II or a PI...
Great RNS today. This should really get things moving over the next few weeks and months. I'm really happy with the ECR newsflow, much better than most AIM companies who haven't figured out how to keep news-hungry pi's from investing elsewhere. Also very pleased with my top-up yesterday. Hold for gold (as they say). GLA
PJ said in April the elastic band effect well it's just being pulled back even further and once it's let go there's no stopping.
Today's news was a surprise and I'm convinced that has stopped the .22 area bottom resistance which I'm really upset by as I wanted more at the .20 which would of arrived as no news from MGA for a least 2 weeks yet.
Itogon and SLM green light given and fully funded.
MGA possible mining outcome and also fully funded.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.