It would appear that MMB will concentrate on prving up the extent of the samples that have been found to be of interest as a priority. This is a different approach to what appeared to be the previous strategy which was to get an overall picture of the entire area. This of course does not mean that they will not take sample drills at the areas that have shown high intensity magnetic anamolies (their previous strategy). I personally prefer this strategy as it enables them to move faster to proving up a resource that can be mined. So in the mean time we may see a continued sideways tracking of the SP for some time yet. Any thoughts/ feedback re the above welcome. I unfortunately whent in a tad too heavy on this stock and am now having to wait it out or realise a very substantial loss. I wonder what could surprise on the upside in the next month or 2 ??
MMB Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held