The key to understanding this is to read the anns and take particular note of the geology.
The big difference between Impact and Marindi is that Marindi is exploring conglomerate in similar straitigraphy to Purdys/Comet wheras Impact had conglomerate higher up the sequence.
Pacton obviously believe the Beatons Creek or similar type conglomerates are worth exploring and are mopping up this stuff as its cheap. Whether Pacton will even be "In the game" conglomerate wise is yet to be determined. But it looks like Sprott is taking yet another punt. Whether his Pacton investment will turn out to be another DEG "not looking too good" (conglomerate wise) only time will tell.
MZN Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
