our sp lol. Shows what a joke this all is. RNS confirmed we CAN sell MGA on, so it's clear this is NOT factored into our current sp!!! Itogon is a gold mine for us. Amazing grades and could be snapped up in a t/o bid. Worth a huge amount imo. Themac are just shares that need to be sold once the price is right....
Nothing has changed since the 0.7p days, just time in MGA coming back from administration, but it's happening!
MM's have killed the volume here. A large seller continues to short ECR. Us pi's with large investments have been our paper profits turn to loses from 0.7p to 0.15p!!! This is about ONE FIFTH of our value.
I have faith that all will come good and it's probably the t/o that's coming to give us back volume and buyers. Currently this is a joke imo and I can't believe that I and Arsenal and many others have seen us fall to this patheitc price when updates and newsflow has been good imo. Given the economy we are in a pretty good place and funded.
First update was 22nd Jan 'drilling commences' second update, 27th Feb. 2 holes complete, 3rd underway. 2nd went smoother than first... Its been 1 week since update so could receive update any time this month - if they intend to dribble in the results ;) SLM bulk sampling was scheduled to start sometime 'in march'. Given previous experience I take that to mean end of march. Ecr, if u r reading, please could u surprise us this time :)
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