MGV 2.74% 35.5¢ musgrave minerals limited

Ann: Drilling Update, A-Zone Lake Austin North, page-6

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  1. 3,205 Posts.
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    I think they would be wise to create (and share!) a plan to make what they have mineable and profitable. It is like the market sees this as 100% explorer. So when you get lot of hits under 1/2 a gram, then you are worth nothing.

    It would seem illogical to think they found the ONLY grades worthwhile in their current two projects. And the entire holdings are just miles and miles of 1/2 gram gold. I am not a geologist but where there is mist, there may be smoke, and there may be fire (gold).

    Mind you, perhaps an educated person will tell me if you drill a hole in any part of WA you will find 'some' gold.
 
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