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3,042.1 s&p/asx small ordinaries

The Brains Trust - 2020, page-35

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Pete1952

1,447 Posts.

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14/01/20

19:57

Post #: 42378259
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Originally posted by Pete1952 ↑

MRQ
Early to call it a monster with only 8 out of 74 assay drilling results released
Batch 2 results 17 Jan , batch 3 results late Jan , batch 4 results early Feb
Grades Over 5% are very promising , need to see the length of mining ( LOM )
early days and long way to go to prove up the resource before calling it a monster ( the coy geologists might know more )
SP closed today at 0.020 with volume of 15.6 mil
The volume since the 16 Dec is indicating it might be promising
By comparison SAV .LSX , near by in Mozambique, have grades of 3.9% with a high grade zone of 6.2% with LOM of 30 years
Won't disagree with @binwood as he has more experience

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MRQ , 90 mil escrow shares are due for release . Might be why the next assay results were delayed . Will they dump or won't they dump ???

XSO Value at posting: 3,022.4
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