re: Ann: High Grade Gold Confirmed at Charter...
Very interesting Vertigo.
This is taken from CTO's recent update and may provide a clue about what MNM are sitting on nearby:
'The structures that contain the mineralisation are well understood. These and other key features of the gold mineralisation and the overall project make this probably one of the only large high grade Australian deposit with immense gold production potential remaining outside of the large scale international tier one gold miners.
How close is MNM to this project Vertigo, and how does our tenement compare size wise?
If the projects are comparable then the gold DT's may be here sooner than I thought - CTO has a net asset value of more than $60 million, and it looks like the Chinese value it at closer to $200 million.
(Maybe IK should expand the roadshow to include Shanghai)
MNM Price at posting:
5.1¢ Sentiment: Buy Disclosure: Held