MGV 2.74% 35.5¢ musgrave minerals limited

Ann: High-Grade Gold Intersected at Lake Austin North, page-5

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  1. 11,185 Posts.
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    Hi mate,

    I’ve come out of comment hibernation.

    This looks interesting particularly given the number of holes that ended in mineralisation although the gold seems pretty deep due to what seems to be deep weathering.

    My gripe and I’ve been saying it all along is that they should have started this wider search a long time ago. At least they’ve started and are getting success. Gives me more enthusiasm to keep holding. It will be interesting to see what the beefier drill rig reveals at the end of those holes.

    As far as comparisons to Granny Smith I’d need to do some research on that one, but if so, I should be considering a buy. I’ll do my research before I add here though as we have been up against sellers pretty much all the way along. This program shows the shear zone/system is fertile so it could easily throw up a nice surprise.Esh

    It doesn’t sound like the company is aiming for a stand-alone operation anymore but a big oxide deposit is what could change the picture and give it more leverage in the district. Crossing fingers that drill gods deliver on this one. Esh
    Last edited by eshmun: 15/06/18
 
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