With no response to my last posting and only a handful of postings in the latter part of 2009, I assume everyone has totally lost interest in Mutiny Gold.
All the speculative money seems to have dried up with the economic crisis. MYG will have to compete for every dollar with companies like NAV who have a lot more gold.
As GDR and a couple of other professional hole drillers have recently gone into administration when their money ran out, I hope MYG doesn't end up the same when the piggy bank is empty.
I had a look at MYG's last activity report and I am not very impressed by its 80,000 Oz inferred resource at White Wells.
While 80,000 Oz seems like a lot of gold, good luck trying to make money out of 1 gram per tonne in the middle of nowhere in WA. There is more gold in a tonne of old mobile phones.
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1 | 6712 | 0.790 |
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2 | 6570 | 0.770 |
Price($) | Vol. | No. |
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0.800 | 50000 | 1 |
0.835 | 539 | 1 |
0.840 | 9361 | 2 |
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