although this report is on slr (favoured son of MCO bear BRNO but also a favourite of a few MCO holders like me and goldbars), page 4 is worth a quick squiz for its comments that also pertain to MCO
"drill for structure mine for grade". Thats the moto at SLR and it worked for them. Its going to work for MCO. As the report makes clear, trying to get a bankeable reserve figure is expensive work in a nuggety mine. Lucky MCO doesnt have to worry about that(unlike poor cousin GDR), no need to waste more money drilling, except to define the structure, just start digging
go get em boys!
http://www.silverlakeresources.com.au/files/files/167_Research_Report_by_State_One_Stockbroking_Ltd.pdf
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