Post by
goldman17 on Mar 09, 2022 4:19am
..according to The Northern Miner-'MGM' is turning out to be
the 'GREATEST GOLD DISCOVERY IN CANADIAN MINING HISTORY'-&that it currently has a market cap of only $100 mill-so lots of $ upside.their current 2.7 million ounces could be mined at -$2,046.00 x 2,700,000 = $5.4 Billion-and thats before the 'MUCH ANTICIPATED OUNCE COUT UPDATE-which could see that 2.7 million ounces go as high as 5,000,000 = WOW
Comment by
ardbegoil on Mar 09, 2022 9:07am
Goldman...incredible news and that last video actually says that fall drill results are imminent and a PEA any time in the next 6 months....Could be in days weeks or a month from now....Northern miner is one of the best longest living and most respected journals.....Only gets better here each day....best to all
Comment by
Iwant2Retire on Mar 09, 2022 11:20am
Do you have a link Goldy? I searched for MGM but saw no new updates. Thanks.
Comment by
reddog11 on Mar 09, 2022 4:40pm
...well its good buut not quite. I think mining for free to net $$2046 per oz might be tough. Probably all-in cost of $1000 / oz so about half of your scenerio. I am a shareho;der though, so not bashing. RD
Comment by
ikny on Mar 09, 2022 5:16pm
I believe the most esssential need in mining is personnel....with Agnicio as a partner its a good omen.....but getting to point of actual mining gold will take time.....I would hope 2 years,but that is a guess
Comment by
Goldfinger230 on Mar 09, 2022 7:04pm
This puppy will be swallowed up either by AEG or another major player... take out price min. $3 within 1 year imho