MGV 2.74% 35.5¢ musgrave minerals limited

Huge potential gold micro, page-385

  1. 12,874 Posts.
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    A bit quiet here lately. Accumulation phase still under way it seems, though a genuine re-rate regardless. MTH management would be steaming....happens in a few stocks...large holder sells off for whatever reason, in this case funds required, market absorbs, stock goes north.

    125m shares on issue....small free float.....tiny m/cap....proven territory....monster registry.....hot sector

    makes sense.....

    won't last long surely......Long term it'll be a great ride....though some should bought at 10c may be feeling a bit of angst short term....they also realise no doubt that their held stock is a supply reduction...and in such a tight registry that can mean big movements quickly, and what's red can very quickly become green.
 
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Currently unlisted public company.

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