MNS 0.00% 4.2¢ magnis energy technologies ltd

the motherlode, page-15

  1. 12,454 Posts.
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    Cheers Matt

    No I havent forgot about Songeo at all ... I am hugely bullish on this, and looking at AFR at 60 cents p/s, and a market cap of $183mill, I get a smile on my face as it is obvious that with a MC of $68mill, the market has ascribed ZERO value to Songeo!! Just crazy! Because IMO Songeo has the potential to be a huge "company-maker" on its own!

    There are some HUGE bargains out there, UNX has to be one at the top of the list.

    Kingofhell ... your comment "intersection below stands as one of the largest in the world. (85m @ 474ppm, (incl 25m @ 957ppm; 13m @ 1,511ppm)" is a bit exaggerated. Some examples: AEE is getting massively wide intercepts in Sweden with many holes over 100m wide, with some as much as191m wide ... albeit lower grade. DYL is hitting good stuff at Tubas, one hole recording "102 metres continuous mineralisation to end of hole" with grades around 450ppm. BMN has many holes with over 100m of mineralization too. Of course EXT has holes like this as run of mill, with 150m @ 500ppm, 114m @ 790, 60m @ 2752ppm, 94m @ 2072ppm, etc etc. Then dont let the Canadians hear you! They have massive grades at their Saskatchewan district, with Cigar lake having average grades of 180,000ppm (18%), and McArthur River of over 200,000ppm (20%) ... Just CRAZY rich grades that have to be mined mechanically because of high radiation levels.

    There are many other examples too, that being said, for where UNX is at the moment, they are doing brilliantly, have huge potential, and present an AMAZING medium-term investment!
 
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