MYG 0.00% 78.0¢ mayfield group holdings limited

I actually just discovered a little mail from hotcopper in my...

  1. 1,105 Posts.
    I actually just discovered a little mail from hotcopper in my email talking up a W.A gold stock poised to double. It fit all the points for MYG and when you click the link it takes you to a resource rising stars page and confirms it's MYG. It's possible this also has driven some activity today along with the article in The Australian.

    Here's the link to the page:
    http://resourcesrisingstars.com.au/ (It's the feature story today so you may have to browse the site in future to find it.)

    Here's the link to the broker report the write up was written off:
    https://smartandstatic.com/rrs/files/Hot Copper Documents/MYG140819.pdf

    The main part of the article of interest to someone whose been in this for a while was this:
    "“We are forecasting a production start-up by mid-2016 (late FY16) which assumes six months to complete project financing and detailed engineering and 12 months for plant construction and site works.”"

    Bit disappointing to see production is being targeted for so long away still since we were meant to be there already though regardless I'm sure I'll continue to hold.

    Nice however to see some interest in the stock in a couple places today off the back of the broker recommendation.
 
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