MRQ 0.00% 0.4¢ mrg metals limited

Ann: MRG HMS - Magnetic Survey Confirms Extensive Anomalism, page-3

  1. 2,625 Posts.
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    Below is my opinion and not financial advice:

    This is huge. Corridor Central has four strong anomalies in 5,4,1 and 2.

    The takeaway here is that high grade over 5% could lie within most parts of the tenement. That's most of the area!

    In Corridor South, anomalies 10 and 8 look high grade > 5% as well. 9km x 1km if you don't mind.

    As IMA have shown us, it's all about grade. Low grade mineral sand projects are on the outer.

    Looking forward to drilling. The inference here is that higher grades than 5% are expected to lie within.

    Add that to an expected 1.9 Billion tonnes at >4%.

    The market simply doesn't get it.
    Last edited by cashken: 13/06/19
 
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