Pete, if we are correct, and are able to buy in at this very low
stock price, then with an increase in the price of gold, we all
should be able to exchange MGR shares to a new buyer into MGR for
a very good return on our investments.
Today I brought 10,000 MGR shares at US$.06 (Canadian $.09).
Couple weeks ago I brought at $US.045, and if it stays low like
this then I will buy more later.
I hope it doesn't get below the low of Canadian $.05, but if it did,
then I will buy a very big number.
Since I came into MGR just recently in the last year, I feel luckly
to be here eventho my average is still higher than current price.
Even if money did grow on trees, I am sure there are lots of MGR
shareholders that have removed most, if not all, the dollar leafs
from the tree, and will not be awhile until new money grows.
But, if one holds an average of $1, then for less than 10 cents,
each extra share now brought will close to 1/2 that shares average.
Still a gamble, but atleast now something may really happen to MGR
in the MAC area.
Doug |
