Been buying a few of this mainly gold/copper explorer. Any opinions welcome.
The things that interested me based on the annopouncments, a talk to the MD and the chart were:
1. Conquistador - chargeability anomaly extending below current deepest drillhole (presently subeconomic grades) - so there's a chance of something here and MIM appeared keen to fund diamond drill holes and looking for polymetalic. Drill by Christmas.
2. Rabbit Well and Snake Well - basically the MD suggested it looks like they have hundreds of thousands of tonnes at around 10 g/t that is open pittable to be treated by heap leach. Drill my Christmas.
3. The Blue Rose prospect - copper/gold. Based on jumps in price around announcements market seems to think this one matters. they can't get hold of a drilling rig at the moment.
4. They have 3 JV's in Ashburton - plenty of people wanted to farm in so they held a Dutch Auction.
Basically in the short term interestd in the drill results they'll be coming out with.
Cheers
hots
- Forums
- ASX - By Stock
- GIR
- excellent drill results
excellent drill results, page-2
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries