Friday, April 18, 2008

http://stockcharts.com/h-sc/ui?s=mgr.v

Symbol: MGR.V, MGRRF.PK
Recent Price: C$0.455
Shares O/S: 24 M
Market Cap.: C$11 M
52 Week Range: $0.380 - $1.920

Company Contact Info: http://www.murgor.com/

Murgor is a metals explorer in Manitoba Canada, neighboring Hudbay and VMS ventures.

The stock sacked as flow through funds raised in January dumped shares in the market. The selloff appeared to have climaxed on Tuesday as a record 1million+ shares changed hands.

Market cap is very small, and stock is deeply oversold. The first target is 50DMA of 50cents (BLUE), then 200 DMA of 85 cents (RED).

I own 150,000 shares of MGR at an average of 46 cents.

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