MVG.to IPO was at C$3.00, FWIW...
I added another 25% today (the only stock I added by the way...) at C$3.30, MVG is now at about 60% of my desired position. My next buy point is at C$3.00, given the trajectory, it should be there by tomorrow AM...
If MVG can keep its June production level going forward, then MVG should work out very well by next quarter... Something to watch is how nervous investors get on initial mining start ups (e.g. RNO and now MVG). They miss production schedules by a mere 60-90 days and investors seem to doubt whether they will produce at all... Will be interesting to see if AGI behaves the same when they start production in 2H05 (of course AGI is telling everyone 2H05 when I would not be surprised to see them in actual production as early as end of 1Q05, this may be very smart move on AGI's part given share price action in RNO and MVG...)