Been buying a few of this mainly gold/copper explorer. Any opinions welcome.
The things that interested me based on the annopouncments, a talk to the MD and the chart were:
1. Conquistador - chargeability anomaly extending below current deepest drillhole (presently subeconomic grades) - so there's a chance of something here and MIM appeared keen to fund diamond drill holes and looking for polymetalic. Drill by Christmas.
2. Rabbit Well and Snake Well - basically the MD suggested it looks like they have hundreds of thousands of tonnes at around 10 g/t that is open pittable to be treated by heap leach. Drill my Christmas.
3. The Blue Rose prospect - copper/gold. Based on jumps in price around announcements market seems to think this one matters. they can't get hold of a drilling rig at the moment.
4. They have 3 JV's in Ashburton - plenty of people wanted to farm in so they held a Dutch Auction.
Basically in the short term interestd in the drill results they'll be coming out with.
Cheers
hots
Been buying a few of this mainly gold/copper explorer. Any...
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