MGV 2.74% 35.5¢ musgrave minerals limited

Ann: Quarterly Activities & Cashflow Report-MGV.AX, page-11

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  1. 321 Posts.
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    OK should have said RW is "hoping" to have another batch of assay results before the AGM. That's more accurate.

    On trading we can debate the pros and cons of jerks trying to squeeze out a pip here and there, what really concerns me in the market as a whole not just for MGV is the lack of transparency about who is buying and who is selling. That's info available to the traders in Commsec and Westpac for example but not to the retail trader unless you buy some hugely expensive data feed.

    On RW don't get me wrong think he is a terrific asset for the company but you can't expect all CEO's to be great managers, great geologists and great people persons, all attributes RW has in abundance, and be a great media person as well. It would be nice to see for example some reference in upcoming reports of the general prospectivity of the Moyagee area and the fact that the Break of Day shear zone extends for no less than 15 kms with at least 10 kms untouched with the drill bit.

    There are at least as many junior goldies as there are lithium plays meaning the resources sector is highly competitive when it comes to market attention and more importantly money. No one is suggesting MGV become a P&D counter but there is no harm in expanding a little on what the developments at BoD might mean for a commericial project there and other drilling prospects along the shear zone.

    Just a few thoughts on a Sunday morning. Agree a few more metres of plus 150 g/t would suit me just fine!!
 
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