Australian (ASX) Stock Market Forum

MGX - Mount Gibson Iron

Re: MGX

I can ascertain thru your posts that your not switched on enough to be an accountant. Don't crap on Analyst!!!!! You have asked some pretty stupid general knowledge questions, that many on ASF would know.
 
Re: MGX

johnno261 said:
I can ascertain thru your posts that your not switched on enough to be an accountant. Don't crap on Analyst!!!!! You have asked some pretty stupid general knowledge questions, that many on ASF would know.


Can you save your s*** for the senetas thread....and there are people on this forum who know that i am an accountant...so who cares what you have to say...you are only making it harder for others by saying the stuff that you say..because a lot of people must really benefit from getting a person who is qualified for the industry to give there questions and views on things from that angle...u may not but you are not every one..and i reckon you are coming close to being suspension material as Joe Blow has already warned us to watch our behaviour and he said next time there will be suspensions and me and Chicken seem to respect what has been warned or why dont you just get off the mgx thread..

I do appreciate your view but u just got heaps of stuff to say dont you..
 
Re: MGX

TheAnalyst said:
Chicken, honestly i am not trying to bait you...now hematic is not ordinary iron ore it is a higher and rarer quality ore...so at present mgx is producing ordinary iron ore and also hematic ore or just hematic?

Now in the next 3 yrs will the ore be mined and ready straight for sale?


Also i have suspicions that the tail walls were pushed in on purpose and it was on purpose the train carrying ballasts did not turn up so it could be genuinely announced to the market and the share price would drop and allow others who wanted to buy at cheaper prices be given the opportunity.
You could be right...maybe Shougan is all ready buying...and the latest is that the Brazilins looking at an increase of price as high as 40%....BHP said it will be closer to 20% increase but we will see..I knew this stock is OK its just the other Poker players who are using mirrors to confuse the issue...JOHNNO you will make your $$$ I am sure so will I......and I am a real person.... :2twocents
 
Re: MGX

MGX not lookin' too flash at present. Support @ mid 60's but nothing below that, so god help it if 64.5/65 get takin out!!! Needs some news ffffaaaassstt!
 
Re: MGX

Johnno...have faith..after all we climbed another 2 cents yesterday..watch how it will run as soon as the FE price is announced...anything between 18% to 40% is anticipated..have faith it all will happen.. :2twocents
 
Re: MGX

chicken said:
Johnno...have faith..after all we climbed another 2 cents yesterday..watch how it will run as soon as the FE price is announced...anything between 18% to 40% is anticipated..have faith it all will happen.. :2twocents

No need to tell me to have faith Chicken. My holding speaks for that itself!
 
Re: MGX

johnno261 said:
No need to tell me to have faith Chicken. My holding speaks for that itself!
yep,you are right mine are only 200k....so yours is a lot higher...I am a great believer that it will all happen.....and the brokers report on MGX side is factual which is so...www.mtgibsoniron.com.au annyone who likes to check its all there..... :2twocents
 
Chicken have you still got your feathers? What was the deal with BJ offloading 5,000,000 shares? I have not read the ann. as yet. More down side tomorrow expected if the djia falls which i think it will. Futures looking poor at present 16:00AEST. Nikkei has fallen 300+ points at present too.
Did you get a chance to peruse at that photo at SHARESCENE under the MGX posts. Photo is of the railway line that MGX use. Partly washed away and no way anybody could run a train over it. Have not heard any news to the market regarding this have we?
 
johnno261 said:
Chicken have you still got your feathers? What was the deal with BJ offloading 5,000,000 shares? I have not read the ann. as yet. More down side tomorrow expected if the djia falls which i think it will. Futures looking poor at present 16:00AEST. Nikkei has fallen 300+ points at present too.
Did you get a chance to peruse at that photo at SHARESCENE under the MGX posts. Photo is of the railway line that MGX use. Partly washed away and no way anybody could run a train over it. Have not heard any news to the market regarding this have we?

Appreciate your posts Johnno and that is correct it has not been announced.
 
I sold out half of my holding pre Christmas. Will be watching closely for a re entry Analyst but I do think more downside to S/P at present. Have a feeling some selling off on MGX may happen tomorrow.
Have a feeling tomorrow maybe pretty wild!!
 
johnno261 said:
Chicken have you still got your feathers? What was the deal with BJ offloading 5,000,000 shares? I have not read the ann. as yet. More down side tomorrow expected if the djia falls which i think it will. Futures looking poor at present 16:00AEST. Nikkei has fallen 300+ points at present too.
Did you get a chance to peruse at that photo at SHARESCENE under the MGX posts. Photo is of the railway line that MGX use. Partly washed away and no way anybody could run a train over it. Have not heard any news to the market regarding this have we?

I think it was only a transfer to a family trust.
 
Lucstar said:
So are you guys going to offload first thing tommorrow morning?

No, as i think that they are low in comparison to where there price positive potential will head could be one day could be 3 mths and think the upside potential is greater than the downside...but still thk that there is a probability of them dropping but not a big one and if they do they wont stay down very long...

I am very diversified in my stocks at the moment and have only committed $1000 to the trade at 67 cents if they go below 55cents will probally get another $1000...so non of this inbetween price down and up ranges really gets me nerves upset.
 
TheAnalyst said:
No, as i think that they are low in comparison to where there price positive potential will head could be one day could be 3 mths and think the upside potential is greater than the downside...but still thk that there is a probability of them dropping but not a big one and if they do they wont stay down very long...

I am very diversified in my stocks at the moment and have only committed $1000 to the trade at 67 cents if they go below 55cents will probally get another $1000...so non of this inbetween price down and up ranges really gets me nerves upset.
Analyst and you hope everyone will sell you CHEAP shares wake up the Chinese are paying 75 cents in march....so where do you think the share price will go to.....funny that :2twocents
 
chicken said:
Analyst and you hope everyone will sell you CHEAP shares wake up the Chinese are paying 75 cents in march....so where do you think the share price will go to.....funny that :2twocents

2 - 3 months is a long time in the stock market...and if i do..i do...if i dont..i dont
 
chicken said:
Analyst and you hope everyone will sell you CHEAP shares wake up the Chinese are paying 75 cents in march....so where do you think the share price will go to.....funny that

Its good about the 75 cents and thats a bonus...tht means i have already made 12% but think i will make a lot more in 6 to 9 mths out of them...i hope it goes below 55 cents and it may..these stocks are known to behave like that...so its a good probability..but a greater probability to at least $1 this yr..so there are two probabilities and i am on both with $1000 and sticking to what my elders have preached in all universities...diversify...diversify and diversify...and know matter how i may feel or what i may think...always stick to it no matter what the odds are....anyway i bought RIOIZL instalments today..also have BGF....also have QMG...GTPIZK....MBLIWH....BSLWMM...looking at some ANZ & NAB installments..watching macmin silver..and you Chicken???????...i also have done a full analysis of Anzon oil.

I just bought 600 anzimp instalment warrants at $3.09...see chicken if i wasnt in the country yesterday at..Donald where Astron mining holds the biggest zircon mine in the world (ATR) i would have loaded up and finished my buying for the year yesterday...

...and i just bought 2000 senetas shares as well
 
chicken said:
Correct transfer...if you sell Johnno who cares...but you know that yourself... :2twocents

Do you care Chicken if I BUY? I was the volume today!!!! Couldnt believe these stupid people were selling down to me at 64/64.5!!!!!! Bargain Buying!!
 
johnno261 said:
Do you care Chicken if I BUY? I was the volume today!!!! Couldnt believe these stupid people were selling down to me at 64/64.5!!!!!! Bargain Buying!!
Well,I am glad you said that and not me...of course it is cheap...but I have only a certain amout of money for the market..which is more than most but I am sure you will do well out of it...Cheers Chicken :2twocents
 
If what the analysts are saying about the new Iron Ore Contracts comes to fruition with an extra 20% in price, MGX will run to $1 in no time!!!!
 
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