Bought more $mpm.v today. Retail doesn’t understand that the results are solid and there will be more and more coming each month.
Open pit oxide deposit in the 1# gold mining district in the world. Even the lowest grade material is $22t rock vs $8t costs.
Open pit oxide deposit in the 1# gold mining district in the world. Even the lowest grade material is $22t rock vs $8t costs.
Pit growing in width by 24m and extended in length by 94m with a couple of these recent holes.
There will continue to be to be splashed drill results with higher grade to give excitement but this is also a simple bull tonnage operation that is easily developed.
There will continue to be to be splashed drill results with higher grade to give excitement but this is also a simple bull tonnage operation that is easily developed.
Margin is what’s most important and $mpm.v has it in spades plus torque to higher gold prices. 
$mpm.v’s Mountain View, headline drills results 0.32 g/t oxide Au over 164.4 m in hole MVCD-0013. Higher-grade zones are present at the top of the hole (near-surface, potentially value-enhancing) and extend 40 m past the current pit shell. (Pit getting bigger)
$mpm.v will have high margins even at @ .32g/t and $1800 gold thats $20/t rock. And opex is expected to be around $8/t dollars, Rochester near by operates at $4.98/t
Pits gonna grow and economics will continue to improve. Plus they have many other projects to work with.
Pits gonna grow and economics will continue to improve. Plus they have many other projects to work with.
The key to understanding these projects is looking at the affective grade. Or grade/strip. When you consider the grade/strip ratio and all in costs $mpm.v has the highest affective grade in Nevada. That’s why it’s my favourite #gold junior. And I bought more today.
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