MYG 0.63% 80.5¢ mayfield group holdings limited

mutiny gold - looking forward, page-46

  1. 4,708 Posts.
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    On another disappointing note - I was cleaning (my room) finally prior to getting back into work this week, found some old ResourceStocks/paydirt or something along that lines issue from the start of 2012 with Mutiny targetting finance from CS etc by mid june/july'ish 2012... production etc end of 2012, profits 2013 early on etc.

    Guess it proves to show how we've slip to anticipating production by early 2014.

    Also ironically I might add is that financing and this last permit still haven't come, sure it'll come eventualyl the optimists say, but the question is each month is another slip in the timetable. Needless to say I'm hoping to grab some profits when these finalyl do come, but won't back on holdinga round too long incase of a timetable blowout or cost blowout, which seesm all the norm these days.

    Just my two cents.

    Also found another broker article when UNV (universal coal) IPO was just coming out.. first raw coal production/sales to be in mid 2012 etc, generating cashflow. INteresting to see now that in mid-end of 2013 is the scheduled first raw production (from a quick research). Let UNV slip under my radar and always wondered why the share price was tanking (had a small amount in there). Guess I know why now.. just proves to show that keeping an eye on timetables and what mgt says will be done by when = a huge play factor on share prices.

    Will definitely be watching just how slow /behind we get with what should ahve already been done by now with Mutiny... god hopes the permit and financing is done and dusted in January.. if it comes in Feb or onwards....
 
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