MGV 0.00% 39.0¢ musgrave minerals limited

Ann: 85m @ 11.6g/t gold intersected near surface at Starlight, page-163

  1. 4,102 Posts.
    lightbulb Created with Sketch. 1338
    Market cap now over a massive $270m. it's looking overvalued compared with peers. Sensational ann but on closer examination how big will the JORC be? A few deep high grade hits with brilliant intersections but low grade on the edges of mineralisation. The ann was always going to get a big impact before analysis made it look overblown. Today's correction was a fair call.
 
watchlist Created with Sketch. Add MGV (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.