has mxr given up on doleraine??

watso has no idea if mxr have given up on doleraine. however, the company did mention in a recent report, that they would be drilling at doleraine, and eureka , at the end of the year.

the end of the year is almost here - and still no announcement about any drilling.

the reality is, that the drilling at doleraine has been a disappointment. three out of four holes, were a total disappointment. watso had been predicting the failure of the drilling program, for a long time (but in all fairness, mxr did the right thing - and it was worth spending the money to drill a few holes).

selheim has been a disaster (which is what watso called it, from the very beginning). in the time that mxr keep on testing a mud hole - other companies build (eg igr) a operational mine.


maybe mxr will be a good back door listing for some concept - mmm as plough has mentioned - wind farms in the adelaide hills