I am not blaming Vincent since he had nothing to do with the grading. I am blaming the other French bastard.
Many of the stones in the photo are larger than 1/2 ct.
Once again how do you know that the ground that MUS has is worthless? Have you inspected every square meter of the ground and determined that there are no locations that have high quality rubies? If not all you are doing is pontificating from your armchair.
The value in MUS's ground is not in if they have located a large source of high quality rubies to date, but if they will locate such a resource in the future. I think there is a reasonable chance they will find something similar to what Gemfields has and if they do then the current SP is very cheap. This as always been the gamble with MUS - high risk, high reward.
- Forums
- ASX - By Stock
- G79
- Ann: Ruby Mining Concession Issued
Ann: Ruby Mining Concession Issued, page-32
Featured News
Add G79 (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
BTH
BIGTINCAN HOLDINGS LIMITED
David Keane, Co-Founder & CEO
David Keane
Co-Founder & CEO
Previous Video
Next Video
SPONSORED BY The Market Online