If the world still really believes the area is the replication of Witwatersrand gold deposits in Africa then MOY is positioned right there with a plant that already processes nugget-bearing conglomerate.
Perhaps MOY is being primed for a takeover?
Perhaps MOY is subject to a capital raising at a premium?
Who knows - its all speculation. I noticed that other, similarly placed gold stocks did not get as much traction that MOY notwithstanding the increase in gold price. MOY stood out. Why?
Ann: December 2017 Quarterly Activities Report, page-13
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