MGU 7.69% 1.4¢ magnum mining and exploration limited

Ann: Metallurgical Tests Confirm High Grade Product, page-14

  1. 4,439 Posts.
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    Well, another announcement on grades.

    I know many don't like my post here, as I check what is happening. Still trying to take a stab.

    The Feasibility Study was done in 2011. After that lots of stories. For 13 years people trying to make this happen. No results till now.

    But one thing has not changed. Every 1 or 2 years, for last 13 years, the people who are in control, like Neil now, don't know what to announce, so pick up this thing. When I read it this week, I felt I had read it earlier, hence writing. Not that I am against any of you making money - I just, hope that you make. You may not think like that, but believe me, across all stocks I write or not, I wish people make money. I honestly do.

    So why am I writing this? Because the announcement sounded something similar which I have read before. If it is, it does not speak of Neil well. Why? You can see how its been used as a desperate situation. If people feel its totally new info, I will leave it there.

    This is from an announcement last year March 2023. There may be more before that. Please don't take it as another negative post. think objectively, rather than being ignoring the obvious.

    https://hotcopper.com.au/data/attachments/6230/6230623-62a01be72aa026faa49f2fdcd02d2ce1.jpg
 
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