MAU should be over $2.00 now in my opinion. There are other Gold Shares with less proven Gold then MAU and selling for a lot more . One example is CYL they have announced proven 1.5 million ozs MAU over 2million ozs. proven CYL share price is $6.50 and MAU $1.47. Can anyone tell me what i am missing. They both have around 250 million shares on issue., The only difference i can see CYL have 11 rigs drilling to MAU's 2. however more rigs drilling doesn't give you an Resource upgrade unless they discover more Gold so far they haven't announced any. Conclusion MAU is seriously under valued or CYL is grossly over valued. I dont know which .
MAU Price at posting:
$1.47 Sentiment: Buy Disclosure: Held
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