This raises an interesting dilemma in that what will holders who have been well down do - say for average cost 7.8c [being double present sp] Basis Mac Creek drilling is successful then one can expect sp to be over 7.8c - will the holders just grab the opportunity and sell out, thankful that no longer many $k down and/or will they take the ride, knowing JE is next play.
If the R/C drilling at Mac Creek continues past the initial assessment and there are 13-15 holes then one has to assume Mac Creek is successful. Me thinks that will propel MC to well over $50m
Add success at JE and then what?
cheers
ICG Price at posting:
3.9¢ Sentiment: Hold Disclosure: Held
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