MGV 0.00% 39.0¢ musgrave minerals limited

Thread for Longs, page-88

  1. 44,246 Posts.
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    It just seems to me that MGV were on such a roll with drilling out Starlight that the market had priced in ongoing upside on that same scale as if it were a lay down misere that we would continue to see intersections and grade of that remarkable quality - and when the drilling transitioned into looking for depth extensions and defining the outer limits of the lode, the extra air came out of the tyres. We are now in a situation where the SP is priced more based on what we actually have, which is where you want to be if you wish to re-rate on any truly exceptional announcement.
 
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