MEI 8.33% 11.0¢ meteoric resources nl

Struck the motherload, page-29

  1. 3,138 Posts.
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    Bingo. As much as Im annoyed as the rest of us . . there are a shedload of companies buying up and investing in lots in the cobalt camp as late as 2 weeks ago. People arent doing that for no reason. ISI didnt just put a $10m (Ten Million dollar) downpayment on a refinery for shts and giggles, first cobalt isnt setting up a plant for nothing . . We just need to actually drill and find some cobalt in the middle of all this action.

    What are we waiting on.

    - Joyce, we will have a clearance within 8 days. That's that. Thats timing
    - Iron Mask. BMR will drill that then we can see what happens next. The boys will know if that is a duster or not and if it's dusty then we dont drill IM2
    - The rest of the tenements we are waiting on helicopter data, that is the only thing that is weird  . . the "we did the surveys but cant get the data" issue
    Then . . what else can they buy/what else are they doing? loads of money sitting in a parking lot waiting for the hand to play. If they rushed out now and started drilling blindly we'd be annoyed at that too
 
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