We do have rubies in the ground @bens, management just did not properly grade them.
The rubies are there and they are worth something hence why I think MUS will turn if no TO takes place.
What i see based on my own research and the feedback from a mining guru I follow is:
MUS management completely stuffed the auction up and have a lot of answers to give.
Leases held by MUS do contain rubies that could be of better quality than GEM.
The real issue is that the grading was not done properly for some reason. Hence why there needs to be a change in management and a new direction for the company.
Production ramp up is delayed by 6-8 months until things are sorted out.
Hoping you guys are right because if you are, MUS will be rising again once they straighten things up.
MUS Price at posting:
4.6¢ Sentiment: Hold Disclosure: Held
