BB - your dead right with your comments on what the pundits say the price "should be" . I think at this stage it is largely irrelevant .For me I look at it in another dimension .
If MYG were to be in production right now what might the SP be given the current position on Gold. Keep in mind the copper and silver component does"nt seem to be taken into consideration by anyone at any point .I will touch on this later .Would it still be 8.5 cents ?? - IMO ,nope- would it be .10 cents ?? Not sure ??
To take the edge of the falling SP presently - and I know this is probably hard to do - holders should ask themselves what is a fair price for an operation that is in production. I'm not even going to take a stab in the dark but I believe it will be a whole heap higher than where we currently are.
The other sticking point for me albeit it may seem to be very trivial is that the name of the business is Mutiny GOLD. They don't plan on just mining gold so does the market polarise its position with MYG as a one mineral miner. If you go back through the last couple of months posts there is almost no mention of copper or silver . ??? Yes - probably trivial but seems to be forgotten
MYG Price at posting:
8.4¢ Sentiment: Hold Disclosure: Held
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