The Gold Report Interview with Siddarth Rajeev (5/25/11)
"Musgrove Minerals' main focus is gold and polymetallic projects in Idaho. One of its main assets is the Empire Mine project, a poly-metallic project in Idaho with a historic resource estimate. The company is expecting a prefeasibility study on that to be completed this year. Its second key asset is the Musgrove Creek project, which has an NI 43-101 resource. The company currently has close to 1.5 Moz. Aueq. in historic and inferred. We initiated coverage on the company with a fair value of $1.66/share. The company is trading at just $0.15. . .The intrinsic value reflects a return of 1,000+%. These projects are in Idaho, which is a well-known, mining-friendly community. We know the management team well. The company also recently announced a financing. We expect the company's progress at its two main projects should move the stock price closer to our fair value estimate."
It's all happened before and it will all happen again. Might as well profit from it.
