Hi All,
I think that the market is asleep here in relation to the tenements that MLS has in the Pilbara, near ARV/Novo, VXR & DEG.
For those living under a rock, pretty much every Company with tenements in the area has multi-bagged:
ARV: 6c to 28c
DEG: 4c to 16c
VXR: 0.8c to 2c
KAI: 2c to 9c
DGO: 24c to $1.65
You'd think that once the market catches on, MLS will also easily multi-bag like the above companies have.
And
MLS has one of the
best positions for a nearology play -
right in the middle of the two leaders (ARV/Novo & DEG).
I've done some more doodling on the map uploaded by
@Delete per below to show locations of VXR & DEG relative to MLS as well as the latest discovery by DEG.
Once the market becomes aware of the area held by MLS, you'd think that MLS will also multi-bag and it will also be starting from one of the smallest
MC's at just $6m.
I'll post some more info over the next few days.
Cheers,
GB.
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