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39.0¢ musgrave minerals limited

Ann: Bonanza gold grades continue at Starlight 3m @ 884.7 g/t Au, page-184

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shan0861

478 Posts.

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29/07/20

18:05

Post #: 46162197
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Originally posted by m0ngy: ↑

Yes woeful price action today, I topped at when it was 10% up.
But investors will come to their senses and international's will look at the results tonight.
Tomorrow we will see another 5% + added to the SP.
But the real price movement will happen when the reserve estimates are calculated.
Of course that's when the TO action will start, as it does with the big goldies short on reserves and on the hunt,.
SPX got $330m for 300k oz au high grade at Penny West North with no competition.
The Musgrave JORC will be much bigger and also a higher grade.
RMS, OZL etc will be after the prize,
By the end of the year the SP will double (at least).

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i recon the market can see through smoke and mirrors.. sometimes, if it sounds to good to be true IT IS I HAVE MANY TIMES been suckered in by optimistic bull%$#@ not this time... good luck to everyone though

MGV Price at posting: 70.0¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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