MGT 1.59% 32.0¢ magnetite mines limited.

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  1. 311 Posts.
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    https://hotcopper.com.au/data/attachments/3907/3907334-9ba32ca50c79b5ffc166eeda7ad13789.jpgI was trying to look back through the archives here for this announcement. This struck me at the time of release because I was amazed at the good fortunes of the company to gain access to this lease with free data. To have to start from scratch to drill these 59 holes would take a year of planning and drilling along with the cost. Maybe $5-10 million.
    There are many different projects the company is working on atm and hoping the recent price jump is due to analysis of this data or confirmation drilling going on.
    I believe this company is in a prime position for the evolving world we live in. Let's see this gem get back to it's all time highs. Possibly beyond.
 
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