MOY - Millenium Minerals Limited announces...
NUGGET HYPE and CONGLOMERATE GOLD BED HYPE
MOY has $23 cash, gold production of 80,000 ounces, MCAP of $113m, EV of $90m. Currently doing large scale exploration, spending a lot of cashflow on it. MOY has its own production plant.
However, today they announced that they were reconsidering their historic gold nugget and conglomerate bed exploration. MOY says in its announcement that it has
NUGGETS and conglomerate gold beds present in its large collection of permit areas.
Keep MOY on your radar because once
NUGGET HYPE takes hold it can't be stopped.
This is a tip of the hat to the market for
NUGGET HYPE and conglomerate gold bed hype. Just look at the nearby explorer ARV (50% JV partner in a nearby
NUGGET HYPE project, $160m MCAP despite no production):
Also, KAI which is another nearby
NUGGET HYPE company:
