I have no doubt MGC is a huge winner. I have a problem with the people that are suppose to keep the market “liquid” manipulating to their benifit. Last week one day short interest was 100% on 55,000 shares. Since I bought a 1/3 of those shares, I know they are borrowed “short”. There was a couple days with high short interest. How is it fair or legal that the people in charge of keeping market liquid, borrow shares at .09 to short. They never a actually had the shares. Good news comes and “oh no” we need to cover.
Price closes .088 and opens at .071 - now they just made money on all their shorted shares AND they try to scare honest investors out of shares. It’s not legal.
Even though MGCLF is a pink, it’s not like your US “no documentation required” pink. The ASX is strict and all filings are there. I have my new crusade- if a board member of a company did the things MM’s did, they’d be in jail for insider trading.
Long and Strong MGCLF