MEI 9.52% 11.5¢ meteoric resources nl

gold gold gold, page-11

  1. 3,183 Posts.
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    Hi Guys - I didnt miss all the fun because I was off air for most of the past two days, but im with you on this one RJ and Speedy

    Where were we 3 weeks ago? The cobalt value has died in the butt and our properties in Canada were not turning results. All around those properties people were digging holes that were not exactly amazing unless Cobalt hit the massive price points of 2017 again, which they arent.

    We had nothing.

    Tunksy has cut a deal that for very little, suddenly puts us into an existing Jorc with a fair amount of gold and a highly prospective region. He's also kept the cobalt sites and midrim so we could flip them or keep them depending on what happens in the future.

    What more could we expect? We couldnt just say "hey, lets burn some more cash drilling up canada which is clearly not going to work".

    We didnt 10 bag overnight, but we have a future and it's pretty golden and we didnt get our value diluted. Im personally really happy and this is a great outcome. If we hadnt done this we would still be at .07c
    Last edited by catscatscats: 21/03/19
 
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