Will be interesting to see what else they hit with the rest of their drilling. They are doing 10 holes for a total of 1500m. The gold is deep down and now that they have a rough idea of where it is they will have more targeted drilling and hopefully more solid results.
All of this coming off the back of a rising gold price, barrick and silver lake majority shareholders and a mill ready to process. I am sure that silver lake will be thinking about taking over this little micro cap but if they keep hitting the goods and barrick is also going to be very interested. I hope they fight over it.
Raising funds is not going to be a problem.
The market is only just starting to wake up to the potential as we have seen in the last week.
If gold goes over 1300 and more strong drill results come in we are going to see 20 mil + big volume days and 30+ cents will come before the year is out.
Looking good.
MGV Price at posting:
9.5¢ Sentiment: Buy Disclosure: Held
