MMB 0.00% 65.0¢ magma metals limited

spectacular drill results, page-5

  1. 6,757 Posts.
    They've drilled quite a few holes already - I thought it may be yielding a few clues as to what to expect in a resource statement.

    The Xstrata reference was regarding the takeover of Lonmin, which is a biggie at US $10 billion, but also interesting to see they are backing platinum juniors. They must see a future for the metal . The reason given for the recent platinum sell-off was anticipated low demand for cars in the US market. Once again conveniently forgot about China and the other real growth markets. Then we have the emerging applications for platinum in fuel cells and electrolysis. A very rare and very useful metal and MMB starting to look like it has world class potential.
 
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