re: Ann: First Drillhole at Nimbus Hits Massi...
Fantastic EOTLMW, you keep rolling out the same inuendo. A contractor told me ...... I say how about doing your own research and stop believing everything you hear in the front bar of the Exchange hotel. There are a lot of jealousies in Kal about certain successful people, but stick to the facts if you want to make a point. I went to the AGM on Thursday and also did a tour of both Coolgardie and Nimbus operations. I have to say I was very impressed. And if you want to learn from someone who knows a bit, try talking to Bill Powell who found their Coolgardie deposit and who has 56 years exploration experience and has found and operated several mines around the district. I talked to Bill for quite a while and also talked to some other of the old boys. Bill reckons the MacPhersons is a great prospect. They are also excited by the Boorara find and Tycho looks very promising. Nimbus also should get going fairly quickly as the pit has been partially filled woth tailings by previous owner. This can be pumped out as slurry for mill feed quite easily. As a bonus I saw a lot of interestinq quartz mineralization around the Nimbus site which Morrie said they had identified as drill targets. All in all this is a start up company in its early stages with experienced people behind it. And I might add that I asked the Chairman, Ashok, whether he saw them following the Silver Lake business model and he said absolutely. As he put it, there is a very close association between both companies. Don't forget that it was Morrie Goodz the MD of MRP who set Silver Lake off to a flyer by discovering the Daisy Milano shear zone and developed the underground operations which is now the jewel in the crown for SLR.
MRP Price at posting:
31.5¢ Sentiment: LT Buy Disclosure: Held