Walker, the share market has basically been treading water since October last year. People are very concious of risk at the moment. The last 2 weeks of o/seas news has not been good & the Henry Tax review well, that has thrown a spanner in the works,imo this will be short lived.
However meanwhile Marmota have been quietly ticking the boxes, at Junction Dam & Melton. They are about to release maiden drill results on highly prospective Cu & Gold targets at Melton prospects.
It is no wonder that people have not got this on there radar yet. I think a lot of people will be sitting on the fence waiting for similar results to Rex Minerals Hillside, just down the road.
Similar results will be very good for MEU, and will catch some traders short. However it is only early yet, & a lot more drilling to go yet.
Here's hoping to good results.
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