MGV 2.74% 35.5¢ musgrave minerals limited

Ann: More Strong Gold Results at Break of Day-MGV.AX, page-25

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  1. 8,751 Posts.
    lightbulb Created with Sketch. 24
    Can't claim to understand resistance levels too well, but they are 12, 20, 23c.

    10.5c was a big effort and it may well retrace over next day or so.

    Assuming it holds then 12c, which it touched today, would be the next level to break though.

    The higher ones will need some good data from the forthcoming assay results, IMO. If and when we get past 23c then we are in uncharted waters.

    It would still be only a $40m company, but there would need to be commercial amounts of extractable gold in them there hills.
 
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