Many people who have bought in at this stage of the game have bought in for the drilling of the 100% MGY owned tenements and the potential upside from other fieldwork.
Field work for the next couple of months is very busy and provides many catalysts (see thread EGZ PRESO).
Todays announcement that the JV tenements have such high grades confirmed over such HUGE length is a big bonus.
Vanadium has still yet to be confirmed on the JV tenement. Nickel anomalys still to be drilled. Graphite anomaly's on the MGY 100% owned tenement still to be drilled (MGY is able to choose from the best part of 110km of graphitic schist trend for preliminary drilling). Who knows? Maybe they kept the best bits for themselves. =D
MGY Price at posting:
11.5¢ Sentiment: LT Buy Disclosure: Held
