MGV 2.74% 35.5¢ musgrave minerals limited

SpecGB, I have been looking for a decent junior gold play for...

  1. 4,048 Posts.
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    SpecGB,
    I have been looking for a decent junior gold play for ages, and as an SLR holder one was under my nose all the time. ( I don't pay too much attention to SLR atm , just letting it do it's thing)
    Definitely agree with the sentiment here, Low M/C, Low number of shares, outstanding assays returned, JV with SLR, surrounded by some big players in the gold space, Approx 40% of MC is CASH!!!
    All I could say was why the hell not and bought in yesterday.
    Will definitely hold this for a while and let it play out. My bet is MGV is in the right place at the right time and in very good company, if these results continue definitely a major takeover target down the track.
 
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