The announcement on Mapawa, which has only just been released is fantastic news, confirming that whilst it is only at an inclined depth of 278 metres, the drillcore is currently in mineralised dioritic porphyry! The associated base metals and pyrite are very positive indications, the quartz vein stockwork texture makes this very exciting!
Why didn't RED put this news out last week I can't understand, but now its out!
This should underpin RED during these stormy times!
RED Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held