Australia's largest stock trading and investment forum Australia's #1 stock forum

MGV

Click for more information

2.74%

35.5¢ musgrave minerals limited

Ann: Strong Gold Results Continue at Break of Day-MGV.AX, page-19

First 19 Last

Share
Profile

Follow
specgoldbug

12,874 Posts.

370

10/10/16

21:05

Post #: 19757111
Share

Originally posted by eshmun ↑

Hi Mouze,
I think it is to early to discuss the commercial aspects of mining at BOD. The important thing to watch for is if the lodes continue at depth and if these high grades and widths are sustained down plung. I note the announcement is saying the lodes are varying between vertical and steeply west dipping and all the drilling is inclined in a westerly direction at the moment. They plan to drill in the opposite direction to better define the true widths and they seem to be down playing the next round of drilling saying it's mainly to define the extent of the mineralised lodes. So far the geometry of the loads seems a little complex (at least for me to picture in my head). The value here will come down to the size of the resource they can define and its continuity. Another pod of thick high grade ore down plunge of these current results should give us a kick along (but is that pod there to be found)? Esh

Expand

What a change for MGV....from illiquid unloved to a stock the market is waking up to......trading and enjoying

To think they have only explored a fraction of the ground in this big regional setting.....

And how much % of land do they own in the under explored Musgrave.....absolutely huge mass of land

Upside isn't the right word

MGV Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Chaos reigns markets – so let's take stock of where we're at ahead of December

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

There are more pages in this discussion • 9 more messages in this thread...

First 19 Last

Add MGV (ASX) to my watchlist