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MGX 50.5¢

MGX, BCI and Iron Ore

  1. martyv

    7 Posts.

    g'day all.

    Junior miners is a new territory for me, but I'm currently looking at the price of Fe and considering the potential upward cycle after what appears to be a stemming of the freefall.
    Can anyone give insight as to why the volatility of BCI is so extreme against MGX? They have generally followed the same trend, but BCI has seen huge volumes recently, and MGX continues to crawl.

    It's obviously a very broadstroke question, but just looking to probe some more informed minds than mine so I might better research things going forward.

    Cheers,
    martyv

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