MAG 5.36% 5.9¢ magmatic resources limited

Ann: Trading Halt, page-124

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  1. 5,745 Posts.
    lightbulb Created with Sketch. 8213
    A great post (another one of) by @maplelegion over on ALK threads (check out ALK threads in general as they often have info which is/can be related to MAG and a few knowledgeable posters):

    https://hotcopper.com.au/threads/eye-for-detail.5240951/?post_id=43080386

    ***
    Alkane has all the stand alone credentials , to warrant the accumulation that was flagged yesterday , and repeated today .
    In addition ...anyone with any mining interest/knowledge , would have also seen the Newcrest ( I shouldn;t have to add NCM , but I will ) Presentation to PDAC released on the ASX today .
    Exclusively devoted to comparisons of Red Chris and Cadia / Ridgeway , with core pic and geo terminology comparisons .
    Whilst Boda has only a proximity reflection to Cadia at this early stage ,I have no doubt that the Geo analysts now have Boda clearly on their watchlists , as drilling results are released .
    Check out the Preso.
    Boda is a new born infant , Red Chris is a teenager and Newcrest a grand old man ---in drawing a line with any possible connection between the three ....and only time and the drill bit will see if the dots connect in any small . medium or large way !
    But --as said , Geo's will likely see certain "dots" that make the Preso and Alkane's progress , more interesting than to most of us .
    Alk;s Geo team headed by Ian Chalmers , will have not missed the Preso ..and added some technical comparisons of their own .
    ***

    So after reading the post you should head over to NCM announcements and read their PDAC Conference Presentation from 21/02/2020.

    Also another great post/video link from @doc over on ALK:






    It's a 2min video which shows "Newcrest's Cadia operations exploration drilling history".

    Anyway a few things to check out while the market does its thing today.

    Cheers,

    GB.
 
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