MYG 1.19% 83.0¢ mayfield group holdings limited

Ann: Mutiny Gold Ltd - Video Broadcast , page-17

  1. 4,510 Posts.
    lightbulb Created with Sketch. 6
    I have been following MYG for over 2 years & having been in mine finance for 15 years, this is one of the best junior gold mine developments I have seen in Australia. It very much reminds me of Challenger that was owned by Dominion & now by Kingsgate except this is higher grade by around 20%! DOM market cap peaked at over $500M & got bought out for I think $430M from memory. IMO MYG has more potential than DOM had due to the grade & also the potential for a much longer mine life. So in my view this is not just a multi bagger but a 5-10 bagger over time. This might seem ridiculously bullish, however I have seen a lot of junior mines in my time & to me this stacks up as one of the best albeit small production.
 
watchlist Created with Sketch. Add MYG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.