MLS has just bought projects next to Sherlock costing roughly around $4.7 mill based on 6 cents. At 7 cents it was to be around $5.5 mill, and that was for an 80% interest.
So it seems they have had a change of thought on the Sherlock area, or more likely the work Jon Dugdale has done recently at Sherlock for SBR has shone more light on the area, he is also now involved with MLS.
Anyway we will soon see.
Ann: Sherlock Bay Drilling Underway Testing High-Grade Nickel, page-128
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