THE FOMO HAS BEGUN:
From Quarterly Report-PRESS HERE
'On 10 September, Meteoric advised that the first two diamond drill holes had intersected broad zones of sulphide mineralisation within the host trachyte unit. Importantly, these first two holes visually confirmed the location and geometry of the historical high‐grade gold intercepts underneath and along strike from the Butchers Creek open pit in the Kimberley.'
'The confirmation provided from these initial diamond drill holes intercepting broad zones of visual sulphide mineralisation consistent with the location of historical high‐grade gold intercepts at Butchers Creek, provided the Company with a high degree of confidence to ramp up its drilling efforts. Meteoric commenced RC drilling in conjunction with the diamond drill rig, throughout September and into October to complete approximately 5,000m of RC and 1,500m of diamond drilling for a total 6,500m.'
*** 'The first assay results from Butchers Creek Drilling are I.M.M.I.N.E.N.T.! and the Company expects to be in a position to announce these to the market in late October/early November.'!!!
I find it interesting that the above statement was put in BOLD in the latest announcement....A show of confidence in my opinion.
and:
Managing Director Andrew Tunks Video Comments: "I'm certainly expecting some amazing results based on the cores that we've seen...."
Also, I have not seen Tolga Kumova the number one shareholder of MEI with such a spring in his step regarding MEI since we first acquired the Brazil project when he recently stated regarding MEI:
I find it also interesting as conveyed by forum member Makiriks who was present at the EGM that a major legendary WA gold investor and his group have heavily invested in MEI and gave a glowing assessment of the future prospects of MEI!
To quote Makiriks:
'a new but significant shareholder who attended provided a massive show of confidence in the way forward and offered support from his group on what he sees as one of the best opportunities in the gold industry right now!' PRESS HEREIn short if results are what as expectedexpect a significant re-rate!
Disclosure:
With all the positive indicators I couldn't help myself, and so bought a million more of MEI.
Exciting times for MEI holders!
AIMO
P.S.
With results imminent and the results slated for late October/early November there could be an hour of power this afternoon if results are release as early as Monday!
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