I think the company is lucky to have MBG on the register and case. Your questions helpful. Getting a sense of geometry of mineralisation at depth is a good suggestion as is some form of 3D visualisation tool to show what we have and then what could be. Also perhaps ask at PDAC if when 43101 materials are being prepared an updated resource might come out.??
I like Red Mountain as a hedge against
Kharmagtai.
A review of past Kharmagtai project drill releases since acquisition in 2014 has come up with some brilliant intercepts and buzz with limited funds but it’s been hard to follow the mineralisation as continuity been tough or too narrow. The source of this mineralisation must be massive and the core must be there somewhere. If you find that or say 20 to 30 m tonnes at a new shallow centre, much value will be created no matter the exchange we are on.
XAM Price at posting:
26.0¢ Sentiment: Hold Disclosure: Held
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