your answers are very astute and well thought out. I take it your an industry insider.
Your comment on a Sino buyout is interesting. Early on John Greeves got a bit angry on a pod cast about a Chinese buyout but didn't state MYG had one. Around that time Shandong were approaching WA base gold producers and hopefuls about possible investment. Do you think an approach from a sino interest is market sensitive and should such an approach be announced to the market?
Also before the gold price fall mid tier gold producers were approaching gold exploration hopefuls with decent resources for possible takeovers and investment. Is it possible that MYG was one of the only companies with a decent resource on the books that didn't get an offer or approach. Same question, if there was an approach do you think this would be market sensitive and should be announced?
Which leads to the reason for the above questions. As the gold price is in a trading range and the drill campaign was not successful, and the share trading is what I would call off of late, do you think or know of any sino approaches to MYG? you seem to know a lot? As simply a shareholder that is.
71c4
MYG Price at posting:
3.6¢ Sentiment: Hold Disclosure: Held
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