Hi all the reason I had bought into MEI was in fact Midrim and...

Hi all the reason I had bought into MEI was in fact Midrim and the greenstone belt they hold.
Agree with ainsleym that the rock chip announcement was a waste of time. Hopefully they learnt their lesson for next time.
For myself the Cobalt was actually a back up plan for Midrim and with those historic intersections I believe it still holds a lot of promise.
This part in particular. Falconbridge was bought by Xstrata in 2006

• Falconbridge Targeted Numerous 3-5Mt Polymetallic Deposits
  Falconbridge recognised the resulting potential by stating the area had “Excellent prospect for several 3-5mt high grade (1,5% Ni, >1% Cu and >2 g/t PGE) semi-massive sulphide **bro Sills close to surface within a small area”
• Evidence of Production Scale
  Production records for one (600kt) **bro Sill located within the BAG outlined that over AUD $100,000,000 of metal was extracted in less than 24 months
• 5 Discovered Deposits within 5km radius
  Meteoric has become aware that a regional consolidation opportunity exists with 5 additional known polymetallic deposits occurring within a 5km radius of the Midrim deposit

http://www.meteoric.com.au/midrim


These are the historic intersections from LaForce and Midrim, if these were released today people would be scrambling to get some imo. Good luck all