MEU 4.76% 4.4¢ marmota limited

Ann: Marmota discovers gold at Goolagong, page-9

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    This is a very encouraging result. The important bit is that they found gold and the grade was increasing up to the point where the drill failed. Project X has a lot more drill results to analyse, pity they didn't start the process with the heavier duty drills. At current prices we are sitting on a billion dollars plus of gold and we have barely scratched the surface. Best case scenario we are sitting on another Challenger deposit and another Honeymoon deposit plus the rare earths. 4.4 cents can't believe that with this sort of potential MEU sells for 4.4 cents Market cap under $50 million. Shakes head.
 
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