Anounced in the Kalgoorlie Miner today is a front page article on the Junk brothers, selling out of the Miitel JV to MCR. In the article, the Junk Brothers mention that they are starting up a new mine with some other company which is to start production soon. The Junk brothers said "Donegal is commited to investing in the Goldfields". The new operation will be fly in fly out and would employ people from the Goldfields. That puts the operation some 200 - 600ks from Kal. But the only new operation to start is the Sally Malay Ni mine in the Kimberlies, with this criteria.
With the Junk Brothers on board, the market will rush at this. Any ideas on who the company could be? This could be a chance to get a Jump on the market for all of us here. Look forward to your ideas. Donegal Resources is probably already on the stockholders list.
MCR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
