MYG 2.44% 80.0¢ mayfield group holdings limited

theres gotta be some this week, page-35

  1. dfl
    4,037 Posts.
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    You can sense the frustration with investors on the lack of an announcement. Despite gold's current run, investors are waiting for something from the company to increase reserves.

    With the price of gold where it is, it may well be that the company is re-looking at some of the more costly areas to mine. I think John did say that at 1800 other areas would be profitable.

    Just remember that substantial reserves have already been anounced and the company is confident of at least 100,000 ounces of production pa.

    Just remember that the earlybird always gets the worm.
 
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