not bad drilling results, but the REE project being put on the back burner for the company to focus on the lithium, and rightly so.
F-camp is quite a large target. If it turns out to be mineralised then this stock could 20 bag from here.
David Rowdy Rawlings the geo here, I’m sure many of you know he was the geo that discovered CXO’s lithium, which transformed Cxo from a $30mil explorer to producer which had an MC over $2 billion at one point. SP would run from 4c to $1.91.
CXO’s Finniss project is extremely weathered at surface, and has quite the initial weathered profile: you have to go 80m - 100m deep before hitting the fresh peg which was highly mineralised.
MHK implementing the same strategy CXO used: AC drilling to determine geometry of peg and depth of weathered peg, followed by RC drilling into the fresh peg.
I like the risk-reward here and am backing Rowdy to do it all again.
IMO
GLTAH
not bad drilling results, but the REE project being put on the...
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Last
5.8¢ |
Change
-0.002(3.33%) |
Mkt cap ! $5.839M | |||
| Open | High | Low | Value | Volume |
| 5.9¢ | 6.0¢ | 5.5¢ | $18.28K | 314.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 203302 | 5.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.6¢ | 10000 | 1 |
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| Last trade - 15.58pm 07/05/2024 (20 minute delay) ? |
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Last
5.8¢ |
Change
-0.002 ( 4.92 %) |
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| Open | High | Low | Volume | ||
| 5.8¢ | 5.8¢ | 5.8¢ | 26928 | ||
| Last updated 15.58pm 07/05/2024 ? | |||||
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