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Re: Bobwins post# 23821

Wednesday, 02/09/2011 8:46:46 AM

Wednesday, February 09, 2011 8:46:46 AM

Post# of 35744
Bobwins MYG.ax
Great to hear you bought some MYG.
Production is for mid 2012
However, the key to me over the next couple of months is how they do as an explorer.
They raised money for the first time at a low price, and can they use that money very wisely which IMHO, John Greeve will do.
MYG can drill 40 RC holes for the same price as 1 Diamond deep drilling hole.
So drill as much as possible down to 120 meters.
Which brings us to the main key.
This will allow them to drill many holes at the second deposit Spanish Galleon.
Can they prove up Spanish Galleon is on the way to be as large or larger than the Deflector deposit?
If so, that changes everything for the stock price, IMHO.
It will send a message to the market that their other untested deposits Pieces of Eight and others could also be as large or larger than the Deflector deposit.
Plus their silver and copper credits and iron ore tailings and deposit on the property.

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