Report released last week on ALK and Boda.
10-11Moz potential resource estimate at Boda.
Open along strike and at depth.
ALK currently drilling to expand Boda + find more Bodas.
Mind-boggling numbers already.
Surely a big takeover offer for ALK soon, and then MAG shouldn't be that far behind once it confirms its own Boda(s)/Cadia.
Will it be Newcrest, the King Kong of the area, adding to its Cadia East resource (currently 33Moz gold at 0.36 g/t Au + 7.5Mt Cu at 0.26% Cu), or will it be the Mini King Kong of the area (Evolution Mining) or one of the World's biggest who have pegged grounds in the area over the last 12-18 months (Newmont, Freeport)?
Just a matter of time before MAG confirms 1 and then another big discovery from its Tier 1 grounds.
Hopefully results due can set us on our way!
Cheers,
GB.
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Report released last week on ALK and Boda. 10-11Moz potential...
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