well, a disappointing result with the drilling, but it could have gone either way. So it is what it is.
I think the writing was on the wall when results took so long and the MD and Tech Director took off. Hopefully we get some better results with Rusty lake.
The question is though - what if Rusty Lake is a Duster too? Will that be the end of our Cobalt exploration?Will we revert back to focussing on our Lithium tenements and just relinquish the Cobalt tenements? we have the drill permits for Bay Lake but no announcement of drilling started? so I'm guessing it hasn't started? Once again, we're left in the dark.
What's it going to take to turn this company around? 7% Cu intersections at Rusty Lake might assist.. but will it be enough- I don't know
Rusty Lake was the brain child of Gino(from memory), so it will be interesting to see how the results come back.
As for the upcoming AGM, I've filled out my proxy form, but I'm waiting to see the results from the drilling before I send off my votes for the AGM.
Speaking of which, has anyone sent off their votes yet?
All in my very honest opinion.
MTC Price at posting:
4.4¢ Sentiment: None Disclosure: Held
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