valuation, page-21

In anticipation for news in the next period of time ...
someone asked / noted they were researching about coal / seams / etc.

Sometime ago we noted our Aus peers, particularly AKM - Aspire.
Check their March (2012) Investor Presentation.
Makes for very interesting read, particularly looking at depth of their resource!
Better detail of their 330 mt resource, is noted on the 2nd June 2010 Drilling Update; it provides a map indicating locations of CC / coal, depths, seam thickness identified, etc.

All the above bades well for Draig's potential, imo.

Also interesting to see photos of the drill cores, with their exposure, particularly as Red pointed out that a correct method is to wrap the cores required for lab testing .... mmmm.


Then I'll also post one of my previously posted links, one that gives a presentation of the massive TT 'Pit' :

http://www.bdsec.mn/test/files/mis/Erdenes%20TT.pdf

Check the depth! Even the 'cover photo' indicates the spoil that had to be removed, to get to the coal!
Then check slide 7 & 8 for the coal seam info.

Therefore:
For our MGT to achieve a reasonable resource TO 200 metres,
is brilliant for our future growth.
The drill and analysis will determine where we'll be headed :) But, need a great team to achieve, and I'm still happy to on-board this ship.

Hey, safe Easter wishes to all !
Safe travells and good times.

Cheers :)