Well, Gold and Silver have had the pull back (correction) that many expected. The predictions of precious metal commentators of Gold and Silver prices that this is just the start of the action seems to be playing out.
The response of the MTH share price has shown that many more eyes are watching as the initial drilling program continues in Mexico. The size of some of the buy parcels indicates that heavy hitters have joined in.
We MTH shareholders are indeed in a very advantageous place as exploration proceeds alongside a potential substantial uplift in the Silver price, and a continuing contraction of the Gold/Silver ratio.
It's going to be a very interesting few weeks and months as this scenario plays out.
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MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
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