MYL 0.00% 7.0¢ myanmar metals limited

For those not familiar with Rosebery have a read and do some...

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  1. 6,948 Posts.
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    For those not familiar with Rosebery have a read and do some research. John Lamb, who knows Rosebery very well, is saying that what Myanmar has is comparable. I think it will exceed that expectation. This scenario reminds me of AGS @ ).04c which ran to $2.80 on the basis of the huge B4M. Unfortunately AGS had unfriendly partners..not so here. MYL have a more significant deposit of very commercial value (copper nickel cobalt etc) and no issues with hostile partners. This will go!!

    "After a century of operation, the mine has yielded copper, gold, lead, zinc and silver from more than 18 million tonnes of ore. With an estimated metal value of $8 billion, Rosebery has produced more wealth than any other mine on Tasmania's west coast."


    http://www.utas.edu.au/library/companion_to_tasmanian_history/R/Rosebery%20mine.htm

 
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