MTB 0.00% 0.2¢ mount burgess mining nl

alpha/ a theory going nowhere - volumes Your interesting...

  1. 7,397 Posts.
    alpha/ a theory going nowhere - volumes Your interesting comments Alpha made me look a little further ,

    MTB has money in the bank be it albiet shareholders money
    And lots of mining leases in lots of places

    I see Namibia is one, last time I saw that was in one of Reeftons report

    After raising money at 7c , now bid 16c maybe you could lend me the money to buy some Alpha.


    _________________________________________

    Share Placements
    During the quarter the following share placements were made.
    8,000,000 shares at 7 cents per share as announced on 9 July 2004 to raise an
    additional A$560,000.
    6,000,000 shares at 7 cents per share as announced on 21 September to raise an
    additional A$420,000.
    ************************

    Mount Burgess recovers garnet at Tsumkwe project
    14:28, Monday, 13 September 2004

    Sydney - Monday - September 13: (RWE Australian Business News) -
    Mount Burgess Mining NL has recovered an "extremely fresh" Class 4
    kimberlitic pyrope garnet from a loam sample collected in the central part of its tenement area at the Tsumkwe Diamond Project, Namibia.
    The garnet, identified by the company's microscopist, displays remnants of a kelyphytic rim and does not show any signs of abrasion,
    indicating that it has been recovered within close proximity of its kimberlitic source.
    A number of targets within the area have been selected for
    further immediate loam sampling.
    Mount Burgess shares traded steady at 7.5c today.
    ENDS
 
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