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Re: penknee post# 29943

Friday, 12/15/2017 6:00:47 PM

Friday, December 15, 2017 6:00:47 PM

Post# of 36724
I was gonna dig it out this weekend but now I don't have to thanks to hobobilly.

And I fully concur with your point about the new buyers obviously having a heck of a lot of confidence in MGTI's future.

This confidence really stands out because, when you look at the price the new investors are willing to accept vs the price the older two entities were able to force on MGTI, you can't draw any other conclusion than the obvious one: the future is really really bright for an outfit that has the head start that MGTI has.

2018 will turn out to be a stand out year for MGTI, IMHO.

I found MGTI a while back as my first tradable stock that was setting about to mine as a corporation. They were ahead of everybody else out there, pretty much. Lots of companies are now buying private mining operations and getting into the mining business that way, so who the leaders in 2018 end up being remains to be seen, but IMHO, confidence in MGTI that is illustrated by investors willing to pay up tells me a lot about MGTI's prospects.

There's a lot of money being thrown around right now and all kinds of little companies are re-orging to get positioned for 2018. To read that MGTI has settled old issues, eleminated long term debt, ordered new hardware, and brought in new investors speaks well of the company.

GLTY

Imperial Whazoo

"Just my opinions, folks. Do your own due diligence & make your own decisions. DO NOT... I repeat... DO NOT make any investment decisions on my comments. They are my opinions. That's all they are... OPINIONS."

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