MGV 2.74% 35.5¢ musgrave minerals limited

If you tell me why I shouldn't overly enthusiastic, I will...

  1. 12,874 Posts.
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    If you tell me why I shouldn't overly enthusiastic, I will answer you in detail why I am, and it starts with a small 150m odd shares post raise (many raise takers seem to have sold out at a few pips already which have been soaked), m/cap $8m cash position will be on half at a guess, tight rock solid registry, proven region, aggressive exploration.

    At a wild guess will rise on low volume, a little bit more volume to kick in mid-high 7s from those who bought higher and took the SPP averaging out then at those levels....though many looking for 10c plus at least because it's been there before, pips are higher, and still very modest price on potential even 10c plus. But SiJoe, you have been around for a while, you have seen a duster here and there on old projects, seen no love or interest, seen it all.

    I see the making of a future producer, one of the few exploration plays I see making it. Happy to hear alternate views, yours particularly
 
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