MTB mount burgess mining nl
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Mount Burgess Mining has announced preliminary analysis of its...

  1. thegupper
    749 Posts.
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    29/10/03
    11:37
    Post #: 284012
    Mount Burgess Mining has announced preliminary analysis of its "significant" base metal drill results from the Kihabi Project in Botswana.

    Could someone with mining expertise please attempt to evaluate the significance of the base metal results to date?

    I'm not a base metals expert but I would imagine that results of 4 - 6% Zn and up to 253g/t Ag would be considered extremely promising. The company has such a small following however that the price has barely stirred. Maybe the SP will improve as word filters out and trading volume increases. A diamond pipe find from its promising drill tenements in Namibia might also ignite interest....

    A foreign analyst valued the company on its asset base (pre-results) at .23 - 26 cents a share, almost double its .14 cent price this morning.

    Any views welcomed.

    TIA,

    Gupper
    MTB Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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