I see you have prioritised MYG Directors as an important factor, if you look at nearly all of the biggest success stories in exploration/mining you will find the directors involved are touted as mining geniuses now but many if not most of these directors have decimated shareholder value with their management of previous ventures and have been nothing more than very lucky that they fluked a substantial resource.
If you are punting in this space I would discount everything including who the directors are and focus on what is the potential upside from drilling. Its the only place there is a level playing field. Everyone involved is at the mercy of the drill bit including the self interested manipulators. If you invest for any other reasons you are exposed to Mismanagement, share price manipulation, dodgy back door deals, misinformation and directors using shareholder funds to subsidise their lifestyle. The only value MYG really has is the ore body. This ore body is dipping to the north and has had above 1 ounce hits by the drill bit and the grades look to be improving at depth. Directors are there for themselves period, but the drill bit doesn't lie when it hits minable grades if you know what you are looking at.
Ausdrill have massive exposure to the mining sector through all their mining service provider companies. If you take another look at them you will see they are unlikely to go broke but have massive up side to a market recovery.
Same as MYG, gold price recovery should = big returns or capital recoupe for holders, its easy to beat up on a company who's exposed to a market that's tanked.
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MYG Price at posting:
2.8¢ Sentiment: Hold Disclosure: Held
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