Ann: Crown Jewel results 10m @ 6.2g/t Gold, Recoveries up to 96%, page-6

A good write up. But today's trading actions shows a lack market enthusiasm for MRP.

Pros:
- Structural controls and lithology similar to Mt Charlotte
- Higher grades and lower depths
- Gold Mineralisation in Northern and Southern Stockworks and Crown Jewel is firming up potential of 1,500m strike length

Cons:
- Grades from drilling results at shallow depths seem low and market does not like variability of results
- Mt Charlotte took 69 years to develop lots of drilling ahead to prove up resource
- Market is expecting a capital raising some time this year

I have no idea how much more drilling results is required to impress the market that MRP has another Mt Charlotte type deposit with Boorara. But there will be a tipping point... So I continue to wait and see.