While Mustang was quiet throughout 2018, we had 3 big announcements in the past 8 days:
- a questionable Ruby deal
- a big vanadium resource
- a bigger graphite resource
The last 2 Anns rely on proven data. No tricks from Management. I keep my strong view on the potential of MUS land but remain cautions on the Management's ability to develop it.
Anyway, let's have the market digest all these news. In the past 12 months, MUS turned from a promising ruby mine into a graphite/vanadium player.
I suspect this new profile will attract new investors from new horizons. Believe it or not, the stock is cheap!
MUS Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held