Hey Lads, yep its Patto's, by all accounts he's chasing $1.5-$2million at $.075
I'm taking the opportunity to double my holding (hopefully), I wont be turning them over either, I really like the way this is shaping up and can see great upside.
Putting the drilling together tells me a very profitable pit is an absolute gimme.
Will very likely go underground as well but that wont be for a couple of years I'd think, would need to get the pit pretty much knocked off before starting a decline.
I haven't done a thorough analysis (and don't really have the time) but I can see some extremely attractive metrics on this operation.
It will surely contain enough to get Silver Lake's mill up and running and feed directly into that.
I can see MGV being a cash cow in a fairly short period on just what is now available to mine.
Very interested to see what comes next.
DYOR etc etc
MGV Price at posting:
9.0¢ Sentiment: Buy Disclosure: Held