Agree with you both, important couple of weeks coming up for Musgrave. The "iceberg" according to RW is Break of Day and should the current drilling show that BoD extends south to L0uise - and after all its is only 600 metres to the south - then the resource could be three, four, five or more times what Musgrave has now. Rocks from first holes submitted for assay last week so early September for initial results and depending on the work load at the laboratory, could possibly be earlier. I think RW is counting on the results of the current drilling to boost the share price and make raising more capital a touch easier, that's my interpretation not his. The holes targeting Louise will come at the very end of the program.
The base metal drilling turned up some encouraging results but RW is clearly focused on delivering a sizeable gold discovery at Cue along the Lena and BoD shear zones. Hope his confidence is rewarded its been a bit of a wait.
MGV Price at posting:
7.9¢ Sentiment: Buy Disclosure: Held
