myg share price and gold price - 5 yrs chart, page-19

Yeah, think Mutiny can still be pretty profitable at current gold price, wont be the cash cow we were all expecting, but the project is still very viable even at around $1250 an ounce - which unfortunately, is where i personally think gold is heading.


Theres gonna be a lot of gold companies go under, which in the long term, will be good for the industry and gold investment - at the moment, there are simply so many gold companies springing up out there with bad project and bad management thinking they can make money off the past high gold price.


This big drop will weed out all the weak sellers as well as get rid of all the many dogs out there on the market. This way investors can focus more on the good project.

We are in a good position with majority of financing already ties up, ide hate to be a gold company looking for finance over the next year or two, it just isnt happening.