Anyone else notice Cataylst Hunter has yet to send an update since the assay results were announced on 29 Sep? Now that we know the assay results it’s worth re-reading CH’s last update from 26 July:
https://catalysthunter.com/mining/man/man-sold-down-assay-results-come/
It’s got a bit of everything. A furphy:
“Soil sampling at its NT project: MAN has another project in the NT that should generate additional newsflow in the coming months. It is set to start reverse circulation (RC) drilling at the Au-Ag-Cu project in the coming weeks.”
[No work was done during the year at Berinka. The annual report indicates it is on the back burner]
A pump:
“We think positive momentum could once again play a part, when we see the assays in a few weeks’ time.”
[If this isn’t a pump after the poor drilling results then I don’t know what is].
Stretching the truth:
”Because of success with other projects in the general region, we invested in MAN ahead of the drilling program in the hope that upbeat results would drive a share price rerating.”
[The other nearology players are being slayed one by one beginning with CPN. The latest is PUR on far better drilling results than MAN’s]
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- Ann: Annual Report to shareholders
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mandrake resources limited
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