SRM sierra mining limited

very high grade open deposits. , page-5

  1. 12,950 Posts.
    lightbulb Created with Sketch. 3846
    I agree. I am being very conservative. Personally think the stock will try for the 80c - $1 range within 12 months from now. That is with a starter resource on both Mabilo and Bunawan and a decision to mine MAbilo. The wild card is that both these deposits could be far larger than i Imagine. For example, Mabilo might be sitting on a very large Porhryry deposit or Bunawan turns into 5-10m ounces like Medusa. The geology is the same and virtually no drilling has taken place there. The magnetics also suggest very large targets, some are over kilometres of strike. It would be very funny if Bunawan was the mother load and Medusa was the satellite deposit next door. Stay tuned and let's see what we find with the first 20 holes in there over the coming months. Dyor
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.