MGV 0.00% 39.0¢ musgrave minerals limited

Ann: Drilling Discovers Massive Sulphide at Mt Eelya, page-24

  1. 31,806 Posts.
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    Really at these prices its hard to be negative ...4million cap 3million cash
    Gold play good or bad top 20 some big names...other goodies really cant ask for more at this valuation...its a 6 to 12 month bet in my view
    Target upside anywhere between 9 to 20mill taking into account a sentiment rally in the low end of town...downside well currently if you are buying with intention to hold its really non existant imo...seriously would have to be something ridiculous like c.r to dilute register to 500million shares to stuff it up
    Currently no need as cash balance is 85 percent of market cap
    All imo only time will tell...some decent posters rating it a sell (opinons appreciated)means little at current price
    Luck to all
    Cannot believe some lucky person got a handful at the lows just proves opportunities exist
    Price tag equals opportunity
 
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