If one reads back through the reports one will see management have a good understanding of wasts stripping tequitements in forthcoming years which they then incorporate into the current mine plan. Have a look in the reports how previous CEO Jim Beyer mitigated waste stripping into his mine plan. Waste stripping is not an unknown. Waste stripping does not pop up as a surprise one day. For those scared sh#tless over another seawall breach one is free at anytime to sell their holding. Peter Kerr has already stated in writing (if one cares to read the reports) that the seawall has been re-constructed in such a way that another breach will not happen. MGX is a strong buy and I am pleased to be accumulating more at the current SP.
MGX Price at posting:
50.5¢ Sentiment: Buy Disclosure: Held
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