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35.5¢ musgrave minerals limited

Not yet. That’s for later when the world realises it can’t fuel...

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eshmun

11,185 Posts.

2609

05/12/18

10:25

Post #: 36755203
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Originally posted by Undaunted ↑

Originally posted by eshmun
Just having a better look at the announcement now.

I wouldn’t get hung up on the “low” grade at this stage.

I think the next step out hole when they plan it should give more clarity.

They are saying the high grade zones dip steeply to the east so I think at this stage we should focus on the strike extensions, internal continuity (some assays still due here) and the step out holes (ie do the high grade zones have depth extent below the current intersection??.

The good thing is that the 45m at 3.3g/t starts at 70m down hole or about 67m vertical depth which is mineable by open pit IMO.

Just wrote this post from the 36th floor of Shangri La Sydney with some drinks so I’ve still got to take the time to have a good look at the announcement. It all seems very promising to me. Probably as good as we could have hoped for before the drilling started. Esh
View attachment 1382363
How about a snap of the brokers jumping out of their windows.

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Not yet.

That’s for later when the world realises it can’t fuel growth on the credit card forever.Esh

MGV Price at posting: 9.7¢ Sentiment: Hold Disclosure: Held
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