todays trading, page-131

Hi tibbs novac

I have been buying more MYG today and if it falls in price short term, I will just keep on buying.
Maybe because I knew some what about the ATW Gold story, I feel very comfortable adding to MYG.
As I said before I never owned ATW Gold, however it was on my radar screen as a possible buy, so I keep a few notes on it as I would on any possible future buy.
Looking over my notes from 2 years ago, I noticed that I had written down that a couple of newsletters had mentioned that Gullewa was even more attractive then Burnakura that ATW started first.
I still believe that better mangement could of made Burnakura a success, so I look forward when the private company Jinka goes public that bought Burnakura.
However Gullewa is the real story, and MYG has got themselves a jem of a deposit, mine and mill, for very little, because of ATW's maybe over ambition, in trying to buy 2 mines instead of sticking to buying one.
As Jessie Livermore once said (the greatest trader of all time, IMHO), money is made not in the buying or selling, but in the sitting.
Well I will keep on buying MYG, and doing the sitting over the next year while MYG drills out this deposit, finds much more gold, and hopefully expands the mill.
Like so many gold mines that were closed because of the low gold price, they probably at Gullewa have an unbelievable amount of gold left in the ground, maybe along strike in hopefully most directions, and without a doubt, much more gold if they drill deeper.
Money always flows from the impatient to the patient, so I plan to be very patient with this beauty, MYG.
Everything I said is again just my humble opinion, and others can say whatever they believe.