MCT 0.00% 0.2¢ metalicity limited

Ann: Maiden Yundamindra Program Delivers Excellent Gold Results, page-4

  1. 1,922 Posts.
    lightbulb Created with Sketch. 775
    Hi Mi873,

    Potentially it could be read that way, but validation is very important with historical data. i used to own another stock, that bought a new tenement with historical data including some areas with high gold grades, all drilled to a shallow 50m deep. The company's new drilling campaign target the shallow and deeper targets but unfortunately it was really bad with both deeper and shallow results. The shareholder and management lost faith in the ground and the SP was hit hard.

    With this announcement, it is good to know that the historical drill results can be trusted. On the other point, management placed some drill holes strategically where it resulted in significant intercepts indicate potential for extensive gold mineralisation at depth and along strike.
    https://hotcopper.com.au/data/attachments/6312/6312323-ab17db27052743bdf279618aef93e2e4.jpg
    https://hotcopper.com.au/data/attachments/6312/6312327-8cbeb2798e541da1186587fa627925b5.jpg

 
watchlist Created with Sketch. Add MCT (ASX) to my watchlist
(20min delay)
Last
0.2¢
Change
0.000(0.00%)
Mkt cap ! $9.392M
Open High Low Value Volume
0.2¢ 0.2¢ 0.2¢ $1.8K 900.0K

Buyers (Bids)

No. Vol. Price($)
51 117477648 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 23298232 18
View Market Depth
Last trade - 11.38am 26/08/2024 (20 minute delay) ?
MCT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.