Networking with our Russian friends, no doubt spruiking the virtues of Eclipse Minerals and the potential of a Uranium discovery..You are truly a great Australian my friend, from where I stand you have given to the Russian ladies and have asked very little in return.
Maybe I’m getting a little ahead of myself (not to be confused with Mr Salads ahead in the spa) but it would seem not out of the realms of possibility that a bigger fish could well chomp on the smaller fish , that being epm..
As mentioned , the Mary Valley project with manganese that can be seen lying everywhere looks very promising .
The basin (Nigala) will commence shortly, (quite the unknown quantity at this time , but surely enough to spark further interest)
The further parcel of lands likely to be acquired around the Devils Elbow making the tenement comparable to a small European country ..
The proximity of the Devils Elbow tenement to the ranger fault line , which in real terms is a stones throw away from the ranger mine, which has pretty much closed up..(That was quite the mine $$$$$)
The historical findings at this location which are incredible imo.
Maybe it’s my medication talking and thoughts of Mr Salad busily negotiating a foreign deal, but with a little luck we could see 5 cents plus, maybe more.. A huge return when based on the already great returns this year.
5 plus cents or even 10 (yes my medication has really kicked in) would still allow that bigger fish to take over at a relatively low price . Leaving plenty of meat on the bone for mining costs and the like. (As much as I like epm I’m not sure that it would take that next step)
We know that Rio previously had an interest in the elbow, but were unable to negotiate with the nlc.. It was Carl that terminated this deal, a gutsy move in my opinion rolled up his sleeves and did it himself..
We also know that Carl seems to have sorted a personal issue (as disclosed in previous announcements) Soon after this , epm sprang back to life.
Now potentially does epm have some tenements / resources that bigger fish would be interred in, well yes...
Again many thanks to you Mr Salad with your selfless acts .. I hope you and your Russian friends fare well..
Be kind to all comrades.
Regards Callahan
EPM Price at posting:
1.3¢ Sentiment: Hold Disclosure: Held
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