To me, and perhaps just to me, MCB needs to grow a lot of grade in this project - considering location. If it was 1.5%+ I'd be a lot more interested. Can they find it? That is mainly the reason I am curious about what is at Sagay. We've got some property outside Silay, and pre-COVID were travelling there regularly. Silay would obviously be a hard gig - no matter what the drill results. But MCB will not be a walk in the park either. If the locals get a bug up their nose, and don't forget the simple people in these regions. Anyone can convince them - of anything. For those who wonder about how an Australian mining venture can go completely pear-shaped thru bullsh!t in the Philippines - do study Lafayette Mining (an ASX listed company) on Rapu-rapu. I lost a few k on that one. Entirely by locals - being manipulated by lies from the left and the Church.
I would say, if Sagay has good results from the drilling than I think the company would be better of to pursue that - and it won't be easy there. But if the grades are good - so they should. MCB is mediocre. That is just my opinion. Proximity to Bacolod with port and transport being easy to the mine would be a big plus. Sagay and nearby Cadiz would have good housing - Bacolod is about two hours drive away and has everything - modern shopping centres, hospitals, I will watch CLA and see how they go. Good luck to all.
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1.2¢ |
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0.001(9.09%) |
Mkt cap ! $30.85M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.1¢ | $32.65K | 2.845M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 5259000 | 1.0¢ |
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Price($) | Vol. | No. |
---|---|---|
1.2¢ | 3032467 | 7 |
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No. | Vol. | Price($) |
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15 | 5259000 | 0.010 |
13 | 3232930 | 0.009 |
6 | 1556074 | 0.008 |
3 | 1088560 | 0.007 |
3 | 1240000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 3032467 | 7 |
0.013 | 6042853 | 11 |
0.014 | 1626600 | 5 |
0.015 | 9200000 | 6 |
0.016 | 1582994 | 4 |
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