Ann: High-Grade Gold Intersected at Lake Austin North, page-6

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estate09

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15/06/18

11:56

Post #: 33733537
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Originally posted by eshmun ↑

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

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Gday Eshmun
Very good to have you back. An excellent summary and very interested in the negatives as well as positives ( this neutrality is the strength in your posts).What are your thoughts around Westgold recent stake. I know you followed RMS and thought they may heave been a potential suitor also.

MGV Price at posting: 7.6¢ Sentiment: Buy Disclosure: Held
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Ann: High-Grade Gold Intersected at Lake Austin North, page-6

Top Stories

Sales growth pushes Lovisa's fortunes (and shares) upwards

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

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