Look I think they are on the right direction with their big drilling program at multiple locations but I'm not going to speculate on the results. It wasn't encouraging not getting an announcement of "visible gold". To me the old Bodangora mine could be very similar to the old Hillgrove Mine that RVR bought a couple of years ago. Similar in lots of ways apart from the large amounts of Antimony at Hillgrove. RVR are about to commence underground mining here, the first for many years (it's been on care and maintenance). Bodangora could potentially be mined open pit (which Hillgrove couldn't, topography issues) especially if more great grab samples warranted it, along with good drill results. The potential is there, the ground is proven, the old resource is open in many direction and the results will be public knowledge in hopefully about a fortnight. Mind you the results won't necessarily be black and white, they could raise more questions, analysis and drilling. Till then, I'm sitting on the fence and reading posts.....unless I call Bull on something!
MAG Price at posting:
9.8¢ Sentiment: Buy Disclosure: Held
