MAN 3.45% 2.8¢ mandrake resources limited

price drop, page-217

  1. 1,132 Posts.
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    A general observation...

    To the best of my knowledge, there has not yet been a Julimar nearology player (eg CPN, PUR, ASN, DEV, CHR, BUR) who has reported assay results. If, or when one does and the said assay results are comparable to Chalice, how the market reacts is anyone's guess.

    So far, only a few nearology players have reporting drilling results (not assay) and as you know the SP in these instances has gone south.

    My point is we don't know how the market will react if MAN returns excellent assay results.
 
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