MGV musgrave minerals limited

New thread, page-7

  1. 4,865 Posts.
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    Hi All,
    So I've just sat down and looked at the map I produced over the weekend.

    In the image attached, the key is:
    Link lode missed, DD tail planned = pink pin
    NSI (No significant intercept) = yellow pin
    Bonanza hit = star
    High grade = blue
    Pending hole = white pin
    Other holes = red inverted droplet

    Of the pending holes, I call 20MORC040 and 044 as having the best potential to return significant results in the next announcement.
    (I say 040 is the most significant result pending as it is just 3m from hole 012/038 ((*See note below)) that returned high grade results).

    Imo, 20MORC042 and 043 could disappoint, being easterly and in line with holes that have returned <10g/t or NSI.

    Looking at my map of plotted holes and results, I can see the NE direction mentioned by@Blue swims without comparing my map to any images released by MGV or checking elsewhere.

    https://hotcopper.com.au/data/attachments/2242/2242622-e6ff96c1f58df154e3b5b9d107d3550d.jpg

    As I mentioned earlier, any ann will be, imo, pre-open based on historical ann's by the company (and as seems the norm for WA based mining companies) or, we could go into halt during the day if results are received intraday that would necessitate a halt.

    As I also mentioned earlier today in another thread, look out for T+2 traders on Wednesday (even from open, given my comment above re ann's).

    All jimo.

    * Addendum: Looking at my map tonight I see 20MORC013 & 030 and 012 & 038 show the same co-ordinates. I will make a note to double check my data tomorrow and/or try to explain that.

    Anyway, lets hope for positive news, whenever it comes.
    All the best,
    Perdy
    Last edited by perdant: 22/06/20
 
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