AUL 0.00% 28.5¢ austar gold limited

'maddingley mine', page-5

  1. 2,445 Posts.
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    The fight the greens have been putting up has been killing me of recent times, not because of the resistance, but because i truley believe they have No Effin Idea what they are protesting/fighting over.
    MNM is still in its infancy stages but this can very very quickly change.

    BM and the area is nothing short of being classed Sterile if it wasnte for the brown coal under it, i have posted in the past my personal findings @ BM, and of recent times a well respected mnm poster was out there and verified my findings (I can not name as they wish to remain annon).

    The pic Below is Maddingley.... as is Clearly evident in the Pic..... NOTHING is around.





    So knowing there is a existing Mine that has been working actively for more years than people have been in BM, why would they be fighting?
    Also like previously mentioned the Vic gov needs to generate $$$$$$$ for its own economy and this is truly the way to do so.


    Finally and mentioned a number of times, when buying a place......
    Location
    Location
    Location

    Attached is a small local map i had when down BM, note the major factors i have highlighted. Even the map itself shows that up towards the mining area, no housing or streets really exist.

    Note, the circle on the right hand side is where the mine is,
    important areas are the close proximity of the Railway
    and the Freeway.

    All looks good with:
    1) Deposit
    2)location
    3)Tech
    4)Gov Backing

    Now all we need is a JV, i will re-enter on JV news, i know it can be anyday and i guess another day over is another day closer


    So back to the Greens and i do not for the sake of me see why the hell they are making the noise they are, the mine will only benieft both MNM, Locals and the Vic Gov. I have emailed IK in the past and mentioned that in a attempt to fast track the mine, they should split their tenemant up to avoid mining near all the exisiting farms (the farms are well set up and very very nice) as i believe if they were given assurances then they should have less resistance.

    MNM is being played with and this is nothing new for this stock.... Bullish? i think so, Personally also i believe Exergen are the ones keeping the price down to attempt a cheap TakeOver but time will tell.

    Though the SP doesnt currently reflect MNM value,
    it will only be a matter of time before it will.


    Btw Mr MNM holder who went to BM recently...... would you like to add anything to my post?
 
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