I think this is a very good post despite being a holder just to highlight something which seems sort of common with gold stocks in Australia. I've seen quite a few over time have cost increases so it certainly pays to be mindful and not discount the theory of increased costs just because the company expects low costs due to their studies and test work. That being said at this point given we are likely still 18 months probably away from producing a damn thing there is plenty of time between now and then to take it at face value and enter/exit accordingly if concerned.
Being a longer term holder here it's nice to see some interest back in the stock as its been a painful wait and I don't blame others for taking losses and such and moving on. Fortunately for me I invested with an open timeline so I'm content to wait for now and hope for further increases in due course.
Good luck everyone.
- Forums
- ASX - By Stock
- Ann: Drilling returns 10gpt Gold & 7.5% Copper at Deflector
I think this is a very good post despite being a holder just to...
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MYG (ASX) to my watchlist
(20min delay)
|
|||||
Last
78.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $70.43M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2422 | 78.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
80.5¢ | 467 | 1 |
Last trade - 11.00am 04/12/2024 (20 minute delay) ? |
Featured News
MYG (ASX) Chart |
Day chart unavailable