MAG 3.28% 5.9¢ magmatic resources limited

Ann: Lady Ilse Gold-Copper Porphyry target grows significantly, page-41

  1. 1,036 Posts.
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    That's a great summary GB!
    If MAG prove up Lady Ilse that will be the company maker, let alone their other promising projects which could possibly see them with multiple high class discoveries.
    To be honest I've been somewhat frustrated with the time taken to begin the next drilling campaign at Lady Ilse. However, they have done everything in a very measured and sensible fashion to date and that's where the experience and success of the team they have built really should be acknowledged. I just need to exercise patience on my behalf!
    AQX is starting from scratch so it is really difficult to compare their ground with MAG or ALK. Maybe their ground isn't as good as MAG's, but it only takes one discovery to make it all worthwhile. To have Halliday leading the exploration and target generation certainly provides me with confidence that they have the knowledge to seek out mineralisation if it is indeed there. They have nothing to date but in their defence it is very early stages of exploration and they are still waiting on approvals to explore some of their most promising targets generated to date. I'm willing to hold for a while yet!
 
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