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39.0¢ musgrave minerals limited

I disagree, Management are superb at finding gold veins BUT they...

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gutterman

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19/03/21

20:06

Post #: 51907571
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Originally posted by Philley: ↑

Yes the management is superb...I first bought these at 38c and it when up to 80c approx and then I sold them around 60c on a falling gold price. They also imo were hyped a bit by certain posters and it then became a disappointment. I have always liked them and I did visit the area over the wildflower time and was very impressed with the potential of the area. they progressed excellently and imo they are undervalued greatly. They have the gold trilogy...shallow....high grade...thick...intersections and have now found a new parallel system. I remember one respected poster saying if their reserves rose above 1 million ozs...the magic number... they would be a takeover target at multiples of the current price.
If they keep going at this rate it is going the be a fantastic company...I am normally a LT holder

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I disagree, Management are superb at finding gold veins BUT they seriously stuffed up with their last cap raise which has been discussed a lot on this forum over the last few months. I am holding long term for the reasons mentioned by so many I.e shallow high grade good luck holders

MGV Price at posting: 37.5¢ Sentiment: Buy Disclosure: Held
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