Post by
Marphine on Dec 17, 2020 6:29pm
time to move up?
MGG is probably one of the most attractive gold/silver juniors, only the IR department needs to start working a bit. The company has a fantastic project pipeline and is worth much more than the current price, but they are not making any effort at all to get their story out. Must be quite frustrating for LT shareholders: stock is at the same level as two years ago, while gold and silver (and copper) prices have surged.
MGG has very promising projects, not only the Alamos (silver) project in southern Sonora, but also in the Guerrero Gold Belt (next to EQX and Argonaut) and in several other locations (with impressive grades).
They just haven't communicated anything about it. It makes the shares quite undervalued at this moment. Comparable stocks have done much, much better in 2020. Underperformance vs the SILJ is more than 25% ytd. Good moment to enter here?
https://minaurum.com/site/assets/files/3832/mggdecpresentation.pdf
Comment by
ValueCat on Dec 18, 2020 9:56am
It's been a snoozefest since Brent Cooke anticipated the slow flow of news. Talk is cheap. Minaurum needs to start scorig some goals to regenerate interest.
Comment by
RockLobster1 on Dec 26, 2020 2:52pm
i agree this is undervalued and ignored... hard to find them. News is coming in 2021, they have cash and driling. i am holding for that and see if we get going...