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39.0¢ musgrave minerals limited

If the sp is based on 650k ounces then with 2 milj ounces it...

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206 Posts.

16

28/09/20

12:00

Post #: 47674494
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Originally posted by Crom Valen: ↑

It just seems to me that MGV were on such a roll with drilling out Starlight that the market had priced in ongoing upside on that same scale as if it were a lay down misere that we would continue to see intersections and grade of that remarkable quality - and when the drilling transitioned into looking for depth extensions and defining the outer limits of the lode, the extra air came out of the tyres. We are now in a situation where the SP is priced more based on what we actually have, which is where you want to be if you wish to re-rate on any truly exceptional announcement.

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If the sp is based on 650k ounces then with 2 milj ounces it should be around $2 which doesnt seem impossible we will see in the end of october, exciting times ahead good luck to all longs

MGV Price at posting: 54.8¢ Sentiment: Buy Disclosure: Held
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