just let the crew know on the day traders thread to get this little pearler some air time and attract some demand.
Would like to see some consolidation after a little run in anticipation of the upgrade which whould be due any day now....
"MYG cracking along, low 30m MC, up 13% since yesterday, Resource upgrade due any day, currently 590k JORC gold oz's, expectations of another 100k (SOON?!), cash cost (over life of mine) at $650 AUD and a newly advanced Hedge facility from Credit Suisse that guarantees 50m profit in the first year of production (at gold price of $1950 per oz!!!!). DFS early next year Production target Q4 2012.
Check it out. Mad not to, especially if ya think;
A) gold heading north.
B) Goldies will decouple over the coming year or two and run on thier own - especially producers.
Oppies a fantastic leverage play IMO - MYGOA's, jul 23, 2013 expiry, 5c strike & MYGOB, 27 Nov 2013 expiry, 14c strike......
DYOR... "
Always liked this company and feels good to be back in!! :)
on the move, page-3
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