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0.33% 75.3¢ mayfield group holdings limited

News: Muting Gold Announces Maiden High Grade Ore, page-17

  1. Hoodlum
    3,654 Posts.
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    22/06/12
    19:02
    Post #: 10341726
    re: News: Muting Gold Announces Maiden High G... Thanks V8.

    The Gullewa tenament is large (very large) and located in a historically proven area in Western Australia.

    Have a look at the map on Mutiny's site at

    http://www.mutinygold.com.au/projects/gullewa/project?phpMyAdmin=HIjnLSMnfj2QXlcnExfUhiruLD5

    The way I see it is that if Mutiny makes it to production, there will be years of drilling, leading to increase in resources resulting in increased production and mine life.

    We could have a mine producing 100,000 ozs for years and years (20+) without even trying, and thats conservative.

    MYG business model is great. Prove up enough for a reasonable mine life and secure finance. Start producing to create cash flow, then be self sustaining and allow more drilling to prove up more and more.

    You never know gold maybe over $2000 and stay there for a while, then watch this baby fly !!.



    MYG Price at posting: 7.1¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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